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Enron Mail |
Dear E204-1, E204-2 Students,
I am attaching a set of problems for your review. They are only sample problems for discussion during the review session and should not to be deemed to have special significance for the in-class final exam. Of course, the general concepts will have to be somewhat relevant/helpful. I have not covered every aspect of the course in the questions and the exam questions may well deal with other topics/models. I have also included solutions, but you should think about the problems first -- the value is in your working on the problems as much as it is seeing the answer. As for the take-home exam, one student inquired whether parts (b), ©, and (d) were separate or cumulative questions in Problem 1-- They are separate such that each change is a change to the original model without other changes. In Problem 2, I refer to "secondary" unit, and by this I meant the Backup instrument. When I ask you to estimate the probabilities (in Problem 2) from "the simulation results only," I intend that you will not derive the theoretical result from probability concepts. --Tom McCullough - E204_Sample Exam Probs.doc - E204_Sample Exam Probs+Solutions.doc ======================================================================= Tom McCullough Senior Lecturer Haas School of Business University of California at Berkeley ==========================================================================
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