Exam 1 - Stats

What should I know?

Make sure you are comfortable with the material chapter guides from Week 1, Week 2, and Week 3. What does comfortable mean? That you’re familiar with definitions and terminology, and that you can work through problems at the level of PS1 (solutions on Blackboard).

There will not be a Stata component to the exam.

I need more practice!

I recommend the following resources:

• Odd-numbered problems from Stock and Watson - solutions are available here
• Practice exam
• In-class practice

What is the structure of the exam?

The exam will be a lot like a math exam - solving some problems and showing your work. I would expect about 3 multi-part questions. There may be some questions that involve definitions and/or true-false.

The exam is open book with a calculator allowed.

What is allowed?

• Paper notes
• Textbook
• Calculator (basic, scientific, graphing)

What is not allowed?

• Phone
• Tablet
• Laptop

Helpful materials

Two things that may be useful to you:

• Standard Normal Distribution Table

• Formula chart: Is this all the knowledge you need to know? Of course not! But, this should cover most of the formulas you might need.