# 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. )