Quiz 1 Penn State ECON 306 Introduction to Econometrics Quiz 1

# Quiz 1 Penn State ECON 306 Introduction to Econometrics Quiz 1

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ECON306 Quiz 1

                                              2013   5   17

Name:       Bruno Salcedo (Answer Key)                                 PSU ID:       bxs5142

There are 4 questions worth 25 points each. You have 40min to answer all of them. Dont forget

to write your name and PSU ID (e.g. bxs5142) on all the pages that you want to be graded.

1. Consider a random variable x with support {10, 20, 40, 100}, and with the probability distribution specied

in the following table:

                                           10        20         40   100

Pr(x  )


(a) Find the expectation of x

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Quiz 1
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Excerpt from file: ECON306 Quiz 1 2013 5 17 Name: Bruno Salcedo (Answer Key) PSU ID: bxs5142 There are 4 questions worth 25 points each. You have 40min to answer all of them. Dont forget to write your name and PSU ID (e.g. bxs5142) on all the pages that you want to be graded. 1. Consider a random variable x with

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