The final exam is from 11:30 - 2:30, Wednesday, December 9, 1998, in the regular classroom (verify it). It will carry a 35% weight.

WHAT TO STUDY:     In Chapter 3, review all the assumptions made on the linear regression model and the properties. Particularly, you should be able to define a concept such as unbiasedness and also know what assumptions are needed for which properties. Even though this was covered in 120B, it is fundamental to all econometrics.
There will be no questions on deriving expected values or partial derivatives.
Review the sections on structural change and seasonal effects in Chapter 7 and carefully study Exercise 7.2 which has answers in Appendix B.
There will be no questions on the material on Chapter 8 and on the testing and estimation of AR(1) models for autocorrelation (Chapter 9).
Study the sections on higher order serial correlation in Chapter 9, both estimation and testing. Do Exercise 9.11 and compare your answers to those posted in the Web link for it.
In Chapter 10, you are responsible ONLY for Section 10.2. Study the answers to Exercise 10.1.

WHAT TO BRING:    A calculator and a SINGLE 8 1/2" by 11" sheet of paper with all the formulas etc. from Chapter 3 onward that you might be referencing. You may write on both sides. If you prefer, you can bring three 4" x 6" index cards instead. This must be entirely handwritten. Photo-copying pages from the book and reducing them or any other kind of photo-copying will be treated as cheating.

WHEN YOU COME IN, BE SURE TO SPREAD OUT SO THAT NO TWO PERSONS ARE SITTING NEXT TO EACH OTHER. I WILL NOT DISTRIBUTE THE EXAMS UNTIL THIS IS DONE.