Download ECON 381-100 Introduction to Economic Statistics

INTRODUCTION TO ECONOUIC STATISTICS
ECONOMICS 381
Fall 1983
James Alm
Office: 10 Economics
Phone: 492-5242
Office Hours: MW 10-11:30
Course Description
Economics 381 introduces basic concepts of statistics and econometrics.
The course will study ways to describe data sets, methods to test hypotheses about the data sets, and ways to explain the relationships between
different data sets . The emphasis throughout will be on application of
the material to practical situations that arise in business and economics.
Textbooks
There is only one required textbook.
It is:
Statistics for Business and Economics (Dellen Publishing Company,
1982), Second Edition, by James T. Mc Clave and P. George Benson.
Grading and General Policies
There will be 4 midterm examinations. However, the lowest grade from
these 4 exams will NOT count in the determination of your grade . Only
your top 3 exams will count, and each will count
15% of your final
grade.
The fina l examination will be comprehensive and will count 40% of your
final grade. The date for the final exam is Friday, December 16 from
.7:30 P.M. to 10:30 P.M.
The remaining 15% of
the details of which
will be due in class
penalized one letter
your grade will be based upon a computer pr'o ject,
will be announced in class. The completed project
on Wednesday, December 7. Late 1?rojects will be
grade for each day late.
There wil l be NO make-up exams. If you miss a midterm exam for whatever
reason, that exam will be dropped as the lowest of your tour midterms.
There will also be no extra-credit assignments.
··
Problems will be assigned each week . I epcourage you to work with other
students on t-he problems. However, these problems will NOT be collected
and graded. Instead, there will be two recitation sessions each week to
review the problems . Attendance in encouraged but not required. Details
will be announced in class.
I am required to observe official deadlines for adds, drops, withdrawals,
and so on. Please remember these dates.
Tentative Lecture and Test Schedule
Remember that there is no class on Monday, September 5 (Labor Day) and on
Thursday and Friday, November 24 and 25 (Thanksgiving Holidays).
Week
Topic
Assignment
August 31
What Is Statistics?
Graphical Descriptions of Data
Ch. 1
Ch. 2
September 5
Numerical Descriptive Measures
Ch. 3
September 12
Probability
Ch . 4
September 19
1st Midterm Exam: Wednesday , September 21
Ch . 1-4
September 26
Discrete Random Variables
Continuous Random Variables
Ch. 5
Ch. 6..·-
October 3
Sampling Distributions
Ch. 7
October 10
2nd Midterm Exam: Wednesday, October 12
Ch. 5-7
October 17
Estimation and Test of an Hypothesis:
Single Sample
Ch. 8
Two Samples: Estimation and Tests of
Hypotheses
Ch . 9
October 31
3rd Midterm Exam: Wednesday, November 2
Ch. 8-9
November 7
Simple Linear Regression
Ch. 10
November 14
Multi ple Regression
Ch . 11
November 21
Introduction to Model Building
Ch. 12
November 28
4th Midterm Exam: Wednesday, November 30
Ch. 10-12
December 5
Computer Projects due Wednesday, December 7
December 16
(Friday)
Final Exam, 7:30 P.M. to 10:30 P.M.
October 24
. Ch . 1-12