Math Midterm II Flashcards
1
Q
How to take a derivative (i.e., how to find the slope of a curve) words
A
For terms with exponents, bring down the exponent and then subtract one from the exponent.
2
Q
To compute the slope of a logit and probit…
A
we must pick our values of X, and compute the slope at that point. Often, this is done at the mean value of X.
3
Q
The consequence of measurement error in the dependent variable is …
A
that there is less precision in the estimates of the coefficients (e.e., higher standard errors).
4
Q
A larger sample size can mitigate the problem of
A
of measurement error in the dependent variable (but that doesn’t help mitigate bias caused by measurement error in the independent variable. )