Midterm Grades

Midterm Examination

This is a closed-book exam. You should have no material on your desk other than the exam itself and a pencil or pen. If you run out of room on a page, you may use the back, but be sure to indicate you have done so. You may also make annotations directly on any diagrams given.

Midterm 2

Midterm Report

Simulations have become a great tool for research in the natural sciences. However their potential has not been reached in the social sciences. This is in part due to the difficulty in simulating human decision making. Recent advances in neo-classical decision making have defined specific differences between the decision making capabilities of rational agents and humans as well as speculations ...

Practice Midterm Problems

Problem 1. The Internal Revenue Service has studied the frequency of errors in tax form B-6014, a two-page form. The IRS has determined that the probability of an error on the first page is 0.08. Given that the first page has an error, the probability that the second page also has an error is 0.25; given that the first page does not have an error the probability that the second page does is 0.0...

Michi’s Midterm Review Sheet

1. Set Theory and Basic Probability Properties Set Theory and Events The union of sets A and B: x ∈ A ∪B if and only if x ∈ A or x ∈ B The intersection of sets A and B: x ∈ A ∩B if and only if x ∈ A and x ∈ B The complement of a set A: x ∈ A if and only if x / ∈ A The difference between sets A and B: x ∈ A−B if and only if x ∈ A and x / ∈ B A collection of sets A1, ..., AN is mutually exclusive...