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Bilkent University

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Undergraduate and Graduate Programs 2023-2024

ECON 509 Probability and Statistics I

Introduction to probability. Random variables and its distribution. Expectation, moments and moment generating functions. Conditional probability and expectations. Transformations of random variables, and order statistics. Stochastic convergence and central limit theorem. Sampling distribution. Point estimation, method of moments and maximum likelihood. Large and small sample properties. Sufficiency. Interval estimation. Testing of hypotheses - MP, UMP, UMPU, GLR, LM and Wald tests. Credit units: 3 ECTS Credit units: 5.

Autumn Semester (Tarık Kara)

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