UNIVERSITY OF GUELPH 
ECON*2740 - Economic Statistics 
Comprehensive Revision Guide and Notes 2024 
 
Part A: Topic Summary and Exam Tips 
Part B: Exam Practice Questions and Answers 
Part C: Sample Examination 
Part D: Suggested Solutions to Exam Paper 
 
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University of Guelph - ECON*2740: Economic Statistics

C$35.00

ACADEMIC YEAR 2023 - 2024

University	University of Guelph
Study Level	Undergraduate
Course Code	ECON*2740
Course Name	Economic Statistics
Study Material	Comprehensive Revision Guide and Notes
Page Length	61 pages

Are you finding it challenging to study the vast amount of material required for your examination in ECON 2740: Economic Statistics - at the University of Guelph? This newly released 2024 guide consists of 61 pages, divided into four parts, providing everything you need to enhance your skills and excel in the course. The guide includes comprehensive revision notes, exam-like questions with step-by-step solutions, as well as valuable hints and tips for the exam. It will be your secret weapon for acing the course, saving you time, boosting your confidence, and helping you perform at your best on exam day. Note: Students can request a paperback version at checkout.

Course Overview:

This course is designed to prepare students both conceptually and mathematically for ECON*2560 or FIN*2000 (Theory of Finance) and ECON*3740 (Introduction to Econometrics). Topics include the summation operator, descriptive statistics, frequency distributions, probability and statistical independence, the binomial distribution, algebra of the expectation operator, discrete bivariate distributions, covariance, variance of a linear function of random variables, the normal and t distributions, sampling distributions, point and interval estimation, hypothesis testing, and an introduction to ordinary least squares.

Prerequisites:

ECON*1100
ECON*1050 or FARE*1040
One of the following: MATH1000, MATH1030, MATH1050, MATH1080, or MATH*1200

What You'll Learn:

Understand how to describe and summarize data.
Learn methods of data collection and sampling.
Grasp the basics of probability and random variables.
Explore discrete and continuous probability distributions.
Comprehend sampling distributions and their significance.
Gain an introduction to estimation techniques.
Understand the principles of hypothesis testing.
Apply inference methods to analyze one or two populations.
Learn simple linear regression and correlation analysis.

COURSE CODE	COURSE NAME
ACCT*1220	Introductory Financial Accounting
ACCT*1240	Applied Financial Accounting
ACCT*2230	Management Accounting
ACCT*3340	Intermediate Financial Accounting II
ACCT*3350	Taxation
ECON*1050	Introductory Microeconomics
ECON*1100	Introductory Macroeconomics
ECON*2310	Intermediate Microeconomics
ECON*2740	Economic Statistics
ECON*3740	Introduction to Econometrics
FIN*2000	Introduction to Finance
FIN*3000	Investments
FIN*3100	Corporate Finance
FIN*3200	Fundamentals of Derivatives
FIN*3500	Money, Credit, and the Financial System
HROB*2090	Individuals and Groups in Organizations
MCS*1000	Introductory Marketing
MCS*3040	Business and Consumer Law
STAT*2040	Statistics I
STAT*2060	Statistics for Business Decisions
STAT*4360	Applied Time Series Analysis

University of Guelph - ECON*2740: Economic Statistics

INFORMATION

COURSE DESCRIPTION

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