Policy Analysis

Why should policy analysts carry out risk assessment? Give 2 reasons?

What’s the difference between preliminary risk assessment, failure mode effects analysis and fault tree analysis?

Decision Analysis & Modeling

  1. Refer to this sheet to understand standard notations used in hypothesis tests.

  2. What is the p-value?

  3. What is the difference between z-test and t-test?

  4. What is the difference between confidence level and significance level?

  5. Use this practice problem to brush up your z test calculations.

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