Statistics and Data Analysis in Economics
Practice Problems/Study Hints for Exam 1

The exam will cover Chapters 1, 2, 3, and 4 in the book (except for section 4.7) and material discussed in class upto and including the lecture of Tuesday February 10th.

Homework and quiz problems are a good source of practice problems. Solutions to homeworks have been posted elsewhere on the class homepage. The best way to prepare for the exam is to work practice problems. It is not necessary to memorize formulae as you are allowed one 8.5 by 11 inch "crib sheet". Rework quiz and homework problems that might have given you trouble, work in-class examples, and look at unassigned problems in the book; the chapter review problems might be a good start. Here are a few suggestions:

1) "The Nature of Statistics"

ISBE 1.11, 1.15.

2) "Descriptive Statistics"

ISBE 2.2-2.4, 2.9, 2.24, 2.41.

3) "Probability"

ISBE 3.5, 3.8, 3.13, 3.18, 3.23, 3.41, 3.45.

4) "Probability Distributions"

ISBE 4.5, 4.6, 4.15, 4.26, 4.36.


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last updated 12 February 1998