POLS 626

Exam 3 Review Sheet

Last updated: 4/27/05

 

This review is intended to give you a general idea of what may appear on the exam.  The exam will cover material from the assigned readings and material that was presented in the lecture. 

 

Exam period:   

            May 2 (Mon)   + 2

            May 3 (Tue)    + 2 

            May 4 (Wed) to May 5 (Thu) + 0

            May 6 (Fri) -10

 

You will not be able to take the exam after May 6.  

You will not be able to ask me questions once the exam period starts.

 

Please sign up to take the exam by visiting the following web page: www.bsu.edu/webapps/tlrs (Sign up for 1hr). Please bring your ID when you take the exam.

 

REVIEW

I. Data Structure (Woodridge pp5-13)

II. Causality (Woodridge pp13-17)

III. Levels of measurement

            Nominal, Ordinal, Interval/Ratio

IV. Descriptive Statistics

            Measures of central tendency (Mean, median, and mode)

          Measures of variability (Range, variance, and standard deviation)

V. ANOVA

            Interpretation (No calculation)

VI. Measures of Association

A. Crosstabs

            Know how to produce a cross-tabulation

            Know how to read a cross-tabulation (both bivariate and multivariate)  

            Know how to control for a third variable (Nominal and ordinal variables only)

B. Tests of statistical significance and measures of association

            Know how to write a hypothesis

            Know how to test a hypothesis

                        Statistical significance

                        Strength of association

                        Direction of association

                        Substantive interpretation

            Bivariate association

                        Cramer’s V, Tau b, Tau c, Pearson’s r

            Controlling for a third variable (Nominal and ordinal variables only)

                        Cramer’s V, Tau b, Tau c

VII. Two-variable regression analysis 

Intercept and slope coefficient (estimation and interpretation)

Population/sample regression function (Diagram for PRF and SRF)       

The difference between ui and ui hat and yi and yi hat

Goodness of Fit

Assumptions

Calculating ui hat and yi hat

VIII. Multiple regression analysis

Intercept and slope coefficients (interpretation)

Assumptions

Testing Hypotheses

Against One-sided and Two-sided Alternatives, P-values and t Tests

                        Example 4.3

Economic, or Practical, versus Statistical Significance

Confidence Intervals

Testing Multiple Linear Restrictions: The F Test

                        The R-Squared Form of the F Statistic

The F Statistic for Overall Significance of a Regression

IX Multiple Regression Analysis: Further Issues (Ch6)

Standardized coefficients

Logarithmic functional forms

Adjusted R-squared

X. Dummy Variables (Ch7)

Table 7.1

A single dummy independent variable

                        Equation 7.1

                        Figure 7.1

                        Example 7.1

Using dummy variables for multiple categories

Allowing for different slopes

                        Equation 7.16

                        Equation 7.17

                        Figure 7.2

 

XI. Heteroskedasiticity (Ch8)

Testing for heteroskedasticity

                        Equation 8.14

                        The White Test

                        Equation 8.19

                                    Equation 8.20

Weighted Least Squares Estimation

Pp270-274

FGLS   pp276-280

XII. Specification and Data Problems (Ch 9)

RESET as a General Test for Functional Form misspecification

                        Pp292-293

Using Lagged Dependent Variables as Proxy Variables

                        Pp300-302

                        Example 9.4

Missing Data

                        Pp309-310

Outliers and influential observations

                        Standardized residual

XIII. Autocorrelation

Ch 10 Serial correlation pp333-334

Ch 11 The Durbin-Watson Test pp397-399

Ch 12 Differencing and Serial Correlation pp409-410

XIV. Limited dependent variable models (Ch17)

Pp553-558

                        Figure 17.1

Interpreting the logit model pp559-565

Pseudo R squared

Calculating predicted probabilities

XV. The following formulae will be provided. The tables for t, F, and DW will also be provided

 

SIMPLE REGRESSION ANALYSIS

            Estimation of SRF

 

           

           

 

Hypothesis Testing

 

GOODNESS OF FIT

 

           

 

LOGARITHMIC FUNCTION

 

MULTIPLE REGRESSION

 

            Hypothesis Testing

           

 

Confidence Intervals

           

 

Testing Multiple Linear Restrictions

 

           

           

 

            The F Statistics for Overall Significance of a Regression

           

           

 

           

 

A single dummy independent variable

                      (7.1)

 

 

Interactions involving dummy variables

                      (7.16)

 

Test for Hetroskedasticity

                                (8.20)

 

Testing Multiple Linear Restrictions

 

                       

 

RESET

                        Restricted:       

                        Unrestricted:    

           

 

Logit

  

 

Logarithmic function

 

XVI. The following instructions will be provided

 

Durbin-Watson Test

            The null hypothesis: No autocorrelcation

d < dL                   Reject the null hypothesis

            d > dU                   Fail to reject the null hypothesis

dL  <d < dU        Inconclusive

 

 

Measurement Types

 

Statistics

Two nominal variables

Lambda/

Cramer’s V

One nominal one ordinal variables

Cramer’s V

Two ordinal variables

Kendall’s tau-b

Kendall’s tau-c

Dependent=I/R, Independent=

nominal or ordinal

ANOVA: Eta squared

Two I/R variables

Pearson’s corr. Coeff  or Regression

 

 

Note: You will not be allowed to bring any notes to the lab. Please ask a lab assistant for the formulae sheet, the statistical tables, and scrap paper. Do not start the exam without the formula sheet, the statistical tables, and scrap paper. You will be allowed to use a calculator and pens/pencils. Any other electronic device including cell phones are not allowed.