basic math vocabulary

Term Definition
difference answer to a subtraction sentence.
how many more subtraction.
near doubles adding an addend to a second addend that is one more in value example: 2 + 3
equal same.
> is greater than.
is less than.
= means equal or same.

Review of four strategies for basic addition, FM-1A

9 + 9 = ? Doubles
9 + 2 = ? Counting On or Making Ten
6 + 5 = ? Near Doubles
4 + 1 = ? Counting On
7 + 6 = ? Near Doubles
12 + 2 = ? Counting On
4 + 3 = ? Near Doubles or Counting On
8 + 7 = ? Near Doubles
15 + 1 = ? Counting On
2 + 3 = ? Near Doubles or Counting On
11 + 2 = ? Counting On or Making Ten
3 + 8 = ? Making Ten or Counting On
4 + 9 = ? Making Ten
12 + 9 = ? Making Ten (or Making Twenty)
5 + 4 = ? Near Doubles
6 + 6 = ? Doubles
2 + 7 = ? Counting On
8 + 9 = ? Near Doubles
7 + 4 = ? Making Ten or Counting On
3 + 5 = ? Counting On
11 + 2 = ? Counting On
7 + 7 = ? Doubles
16 + 3 = ? Counting On
8 + 3 = ? Making Ten or Counting On
12 + 2 = ? Counting On or Making Ten
5 + 6 = ? Near Doubles
2 + 2 = ? Doubles
7 + 1 = ? Counting On
3 + 8 = ? Making Ten or Counting On

Violations of Classic Assumptions

Which classical assumption(s) does an Omitted Variable violate? Violates Classical Assumptions I and III
What are the consequences of an Omitted Variable? 1) Estimated coefficient doesn’t equal actual coefficient.
2) Bias is forced onto another coefficient, causing the estimated value of the coefficient to change.
3) Increases by decreasing variance.
What factors may indicate Omitted Variable bias? 1) Unexpected signs on the coefficient.
2) Too big of coefficients (if positive bias on a positive coefficient).
How do you solve the problem of Omitted Variable bias? Add omitted variable or proxy variable.
Which classical assumption(s) does a Redundant Variable violate? Violates Classical Assumption VI
What are the consequences of a Redundant Variable? 1) Does NOT introduce bias.
2) Increases variance.
How do you detect a Redundant Variable bias? 1) Decreased R2.
2) Wald Test.
How do you solve the problem of Redundant Variable bias? Drop irrelevant variable
How do you use to decide whether to include Omitted or Redundant Variables? 1) Theory.
2) t-tests.
3) Adjusted R2 decreases if the improvement in overall fit due to addition of the independent variables to the regression does NOT outweigh loss in degrees of freedom.
4) Bias.
Which classical assumption(s) does omitting an Intercept violate? Violates Classical Assumption II: the error term has a zero population mean.
Intercept usually absorbs error.
Which classical assumption(s) does Multicollinearity violate? Violates Classical Assumption VI
What are the consequences of Multicollinearity? 1) Does not cause bias
2) MIGHT CAUSE WRONG SIGN DUE TO INCREASED VARIANCE
3) Increases variance because it impacts r sub1,2
4) T-scores Fall because SE increases
5) Will not fall much
How do you detect Multicollinearity? 1) High Adjusted R2 and low t-scores.
2) High simple correlation coefficients (r sub1,2).
3) High Variance Inflation Factor (VIF > 5).
How do you interpret VIF? When VIF = 5, this means you have 5 times the variance in the model than you would have without the multicollinearity.
How do you solve the problem of Multicollinearity? 1) Do nothing
2) Drop variables
3) Transform variables
4) Increase sample size
Which classical assumption(s) does Serial Correlation violate? Violation of Classical Assumption IV
What are the consequences of Serial Correlation? 1) No bias in coefficient estimates.
2) TRUE Increased variance in coefficient estimates.
3) Distorts SEE portion of SE.
4) OLS no longer BLUE.
5) OLS underestimates standard error of the coefficients.
How do you detect Serial Correlation? 1) T-scores appear larger than they really are, leading to Type I error
More likely to make a Type I error (reject a null hypothesis that is true)
2) Durbin-Watson test
How do you solve the problem of Serial Correlation? 1) Better Specification
2) Generalized Least Squares
Which classical assumption(s) does Heteroskedacity violate? Violation of Classical Assumption V

Most common with cross-sectional models
Comparing proportionately different instances results in inconstant variance in error term

What are the consequences of Heteroskedacity? 1) No bias in coefficient estimates, t-scores are larger.
2) TRUE Increased variance in coefficient estimates
3) Distorts SEE portion of SE
4) OLS is no longer BLUE
5) OLS underestimates standard error of the coefficients.
How do you detect Heteroskedacity? 1) Plot residuals to see if variance is constant. If bell or flower shape emerges, there is heteroskedasticity.
2) Park Test (for proportionality)
3) White Test
How do you solve the problem of Heteroskedacity? 1) Weighted Least Squares.
2) Redefinition of Variables.
3) Heteroskedasticity Corrected Standard Errors.

Tests

What is the basic idea of GLS? 1) Find rho by regressing lagged residuals against original residuals
2) Correct for serial correlation by subtracting lagged variables from original variables (and subtract rho from one on intercept) to remove serial correlation out of the equation.
What are the 3 requirements to use DW test? 1) Must have an intercept
2) Cannot have lag regressors
3) Must be 1st order serial correlation
How do you use the DW test? (3) 1) Null is that serial correlation exists
2) DW range is 0-4; 0 = extreme serial correlation
3) benchmark is 2 (if DW is greater than 2, no serial correlation)
• if DW is < dL, serial correlation exists
• if DW > dU, no serial correlation exists
What are the 2 steps in the Park Test? 1) If you know Z factor, run regression of lnZ as independent variable and lne2 as dependent variable
2) Test significance of Z coefficient
– if significant, you know that Z is the cause of the heteroskedasticity
What are the 2 steps in the White Test? 1) Runs regression of the square and product of all variables against square of residuals
2) Test overall significance with chi-squared test (N* )
– If chi test is significant, there is heteroskedasticity
– White can detect heteroskedasticity, but can'
What is a benefit of the White Test? Can also test for complex heteroskedasticity

create a stuck for study purpose

perpendicular from centre to chord the line drawn from the centre of a circle perpendicular to a chord bisects the chord
line from the centre to mid-point chord the line drawn from the centre of the circle to the midpoint of a chord is perpendicular to the chord
perpendicular bisector of chord the perpendicular bisector of a chord of a circle passes through the centre of the circle

Probability Distributions

Term Definition
Probability Distribution provides probabilities for the possible values of a random variable; summarized by measures of the center (mean) and the spread (standard deviation)
Random Variable a numerical measurement of the outcome of a random event
Expected Value the mean of a probability distribution for a discrete random variable
Normal Distribution the probability distribution of a continuous random variable that has a symmetric bell-shaped graph specified by mean and standard deviation
Standard Normal Distribution it is the distribution of normal z-scores; the normal distribution with a mean = 0 and standard deviation = 1
Binary Data data that has one of two possible outcomes
Binomial Distribution the probability distribution of the discrete random variable that measures the number of successes X in n independent trials with the probability p of a success on a given trial.
Sampling Distribution the probability distribution of a sample statistic; specifies the probabilities for the values of the statistic for all possible random samples
Sampling Distribution of the Mean centered at the population mean
Standard Error the standard deviation that describes the spread of the sampling distribution of the sample mean

Êàðòî÷êè äëÿ ïðîâåðêè çíàíèé

×òî íàçûâàåòñÿ êîðíåì óðàâíåíèÿ? Êîðíåì óðàâíåíèÿ íàçûâàåòñÿ çíà÷åíèå ïåðåìåííîé, ïðè êîòîðîì óðàâíåíèå îáðàùàåòñÿ â âåðíîå ðàâåíñòâî.
ßâëÿåòñÿ ëè ÷èñëî 2 êîðíåì óðàâíåíèÿ 5x-4=7? Íåò
×òî çíà÷èò ðåøèòü óðàâíåíèå? Ðåøèòü óðàâíåíèå – çíà÷èò íàéòè âñå åãî êîðíè èëè äîêàçàòü, ÷òî êîðíåé íåò.
Êàêèå óðàâíåíèÿ íàçûâàþòñÿ ðàâíîñèëüíûìè? Äâà óðàâíåíèÿ íàçûâàþòñÿ ðàâíîñèëüíûìè, åñëè ìíîæåñòâà èõ êîðíåé ñîâïàäàþò.
Êàêîå óðàâíåíèå íàçûâàåòñÿ ëèíåéíûì óðàâíåíèåì ñ îäíîé ïåðåìåííîé? Ëèíåéíûì óðàâíåíèåì ñ îäíîé ïåðåìåííîé íàçûâàåòñÿ óðàâíåíèå âèäà ax+b=c, ãäå x – ïåðåìåííàÿ, a, b, c – íåêîòîðûå ÷èñëà.
Ñêîëüêî êîðíåé ìîæåò èìåòü ëèíåéíîå óðàâíåíèå? Îäèí, íè îäíîãî èëè ìíîæåñòâî êîðíåé.

Review of integers, equations, and inequalities

Term Definition
absolute value The distance a number is from zero on a number line.
integer The set of numbers containing zero, the natural numbers, and all of the negatives of the natural numbers.
inverse operation The operation that reverses the effect of another operation. Example: add and subtract or multiply and divide.
evaluate To find the value of a numerical or algebraic expression.
explain To make clear by describing it in more detail by providing more facts or ideas.
expression Contains variables, numbers, and operations. It does not contain and equal sign.
equation A mathematical sentence that shows two expressions are equal.
Order of Operations Order of Operations: A rule for evaluating expressions. PEMDAS: Parenthesis, Exponents, Multiply/Divide, Add/Subtract.
Solution A number that makes an equation true when it is substituted for the variable.
Associative Property It does not matter how terms are grouped if they are added or multiplied the solution will be the same. Example: (3 + 4) + 5 = 3 + (4 + 5)
Commutative Property It does not matter how terms are ordered if they are added or multiplied the solution will be the same. Example: 3 + 4 + 5 = 5 + 3 + 4
Distributive Property If a term outside of the parenthesis is multiplied by terms inside parenthesis, the term can be multiplied by each term separately, then combined within the parenthesis. Example: 3( 4 + 5) = (3×4) + (3 x5)
isolate To set apart from others.

Base Number, Exponent/Power, Exponential Form, Expanded Form, Standard Form, Ord

example
Exponent/Power,
Exponential Form A number written using exponents
Expanded Form A representation of a number in terms of powers of a base
exponential notation show repeated multiplication by the same factor 5*5*5
base number number to which one or more other numbers are appended or added by applying a table or other add or divide like instructions