STUDY GUIDE (1) Coverage: • Mostly on the topics covered after the mid-term exam. • You would not have to study the coverage of the mid-term exam deeply, AS LONG AS YOU REMEMBER OLS FORMULAS, T-TESTS, AND F-TEST.
has intentionally blurred sections.
Sign up to view the full version.
Major topics to study 1) WIC and nonlinear restriction tests. • Properties of OLS • Cases violating WIC. • Review the asymptotic theories: LLN, CLT and Taylor approximations. 2) Model selection, omitted variables problems, etc. • How do you choose regressors? • Regressions with omitted regressors or with unimportant regressors. 3) Dummy variables • You can allow intercepts and/or coefficients to vary over different groups.