1. Describe the problem of misspecification and possible sources.
2. Describe the problem of multicollinearity and solutions.
3. Describe the problem of Heteroskedasticity and possible solutions.
4. Describe the problem of Serial Correlation and possible solutions.
5. Discuss the steps of conducting an out-of-sample forecast evaluation.
6. Discuss the problems with the linear probability model. Discuss some alternative estimation methods.