ECN 3972, Section 1

Statistics Applied to Economics II

Dr. Dao

Office: CH 2871

Office Hours: 1:00-2:00 MW; 10:30-11:30 TR

and by appointment

EXAMS:Two Exams and a Comprehensive Final

EXAM SCHEDULE:First during the 5^th week of classes (Feb. 5-9, 2018)

Second during the 11^th week of classes (Mar. 26- 30, 2018)

Final on Tuesday, May 1, 2018, at 12:30 p.m.

COURSE GRADE BREAKDOWN:

First Exam 20%

Second Exam 25%

Final 30%

Modeling Project 15%

Homework 10%

CLASS ATTENDANCE: Students are expected to attend class. Three unexcused absences may affect final grade. Two late arrivals will count as one

unexcused absence unless I am notified ahead of time.

TEXT: Paul Newbold, William L. Carlson, and Betty Thorne, Statistics for Business and Economics, Prentice Hall, 6th edition.

Chapter Reading Assignment & Topic

10-11 Hypothesis Testing

12 Simple Regression

12.1 Correlation Analysis

12.2 Linear Regression Model

12.3 Least Squares Coefficient Estimators

12.4 The Explanatory Power of a Linear Regression Equation

12.5-6 Hypothesis Test, Confidence Intervals, and Prediction

FIRST EXAM

13.1-2The Multiple Regression Model & Estimation of Coefficients. Specific training session to acquaint students with statistical software using SAS to be announced.

13.3-6 Explanatory Power of the Model. Tests on sets of regression parameters; Confidence Intervals and Tests for Individual Regression Coefficients;

Prediction.

13.1-7 Assignment of Modeling Project. Proposal due Wednesday, Mar. 21, 2018, at 11:00 a.m.

Model building and Methodology; Dummy Variables; Multicollinearity;

Lagged Dependent Variables; Specification Bias; Multicollinearity; Heteroscedasticity; Autocorrelation

SECOND EXAM

19.2The Runs Test: A Test of Randomness for Samples

19.3 Introduction to Time Series; Components of Time Series

19.5 Exponential Smoothing Forecasting Methods

19.6 Autoregressive Models

15.1The Sign Test: A Nonparametric paired-differences (Blocking) Test

Modeling Project due on Wednesday, Apr. 18, 2018, at 11:00 a.m.

NOTE: If you have a documented disability and wish to receive academic accommodations, please contact the Coordinator of the Office of Disability Services (581-6583) as soon as possible.