ECO220Y1 Final: ECO220Y1Y UTSG Term Test 220 3 Final ExamB13

• School: UTSG
• Department: Economics
• Course: ECO220Y1
• Professor: All

Document Summary

This test includes 4 written questions with varying point values. There is a total of 40 possible points. You will receive a separate handout with the formula sheet and statistical tables (standard normal and student t). Keep these papers face-up and closed on your desk until the start of the test is announced. Put your writing instruments down immediately when the end of the test is announced. Unless otherwise specified, use the conventional 5 percent significance level. Write your answers clearly, concisely, and completely below each question. Make sure to show your work and reasoning. A guide for your response is in brackets: it tells what is expected: a quantitative analysis, a graph, and/or sentences. For questions with multiple parts, attempt each part even if you had trouble with earlier parts. If a question is worth 5 points spend roughly 5 minutes on it. Fifty small retailers in a province with a growing economy were recently sampled.