Exam 3 - CH 8-12
What should I know?
See the specific chapter guides from Week 8, Week 9, Week 10, and Week 12. You should understand all terms and definitions (be able to define and also apply them). You should also be comfortable interpreting regression output either written out in equation form or as Stata output. The level of PS4/PS5 problems is about right in terms of difficulty.
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
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?
PhoneTabletLaptop
How can I prepare?
A few ideas, depending on where you’re feeling least secure:
- Work through problem sets and prevous in-class exercises (posted in their respective content section). Do them without looking at your past work!
- Make one-page chapter guides. These are handy resources for the exam and a good way to make sure you’ve thought about what’s important
- Make yourself a formula sheet. Useful to have, and also the act of creating it will help you
- Watch videos/review slides when you have gaps.
Fall 2020 in-class review
Start around 22-minute mark
Past exams
Use these for additional practice and to get a sense of the level of questions.
- Fall 2016 Practice Exam
- Fall 2016 Practice Exam Solutions (I strongly recommend doing the practice exam in its entirety before reviewing the solutions)