Fall 2001
Dr. Walt Mayer
Holman 342
915-5980
236-4406
Office hours: MWF 3-4:30pm and by appointment.
Course Description
We will cover selected topics from probability theory and mathematical statistics including sample spaces, random variables, distributions, expectation, asymptotic theory, estimation and hypothesis testing.
Objective
The objective is to prepare students for the future study of linear regression models and other advanced topics. Econ 530 is the prerequisite for Econ 630.
Recommended Background
The mathematical concepts used in Econ 530 include limits of functions, continuity, multiple integration, partial differentiation, infinite series, limits of sequences, and matrix algebra. Some of these concepts will be reviewed during the semester, while others you will be assumed to already know.
The prerequisite is Math 262. Consequently, students are assumed to be familiar with differential and integral calculus.
Text
John E. Freund’s Mathematical Statistics Six Edition, by Irwin Miller & Marylees Miller
Grades
Midterm: 200 points
Final: 200 points
Homework: 50 points
Course Outline and Readings
I. Probability Models: Random Variables and Distributions
Reading: Chapters 1-9
II. Statistical Inference: Estimation and Hypothesis Testing
Reading: Chapters 10-14