Exam 2


This assignment is subject to change up until 3 weeks prior to the due date. We do not anticipate changes; any changes will be logged in this section.

  • 11/10/2023 Added information of the new exam format
  • 12/1/2023 Increased time limit from 60 to 65 minutes

Grade Weight

Exam 2 is worth 12.5% of your overall grade

Delivery Method

Exams will be delivered via Canvas and Honorlock.

You will log in to Canvas and use the Honorlock tab to take the exam.

Please review the Honorlock information page for an overview.

The exam is open book and open notes. 

Observe the course Exam Quiet Period. 

Number of Questions

There will be up to 25 multiple-select questions. 

Time Limit

There will be a 65-minute time limit. 


  • No cell phones, additional screens, computers, or tablets. 
  • No headphones (or earphones) or earplugs. 
  • No food or drinks. 
  • Please ensure you are alone in a quiet area and your webcam is right side up. 
  • Do not leave from webcam view. 
  • No discussion of exam questions, study guides, or material while the exam is open in Ed Discussions, Slack, WhatsApp, Discord, or any other medium. 


Any material in the lecture videos or in the non-optional items listed under Readings/Videos from Week 7 to Week 16 are eligible for inclusion on the exams.

Week 7 

  • Lecture 02-05 
  • Lecture 02-06 
  • What Hedge Funds Really Do Ch. 8 
  • What Hedge Funds Really Do Ch. 12 

Week 8 


Week 9 


Week 10 


Week 11 

Week 12 

  • Introduction to Statistical Learning 10.1 through 10.3


Week 13 

  • Introduction to Statistical Learning 10.5 & 10.6 


Week 14 

  • No new video, lecture, or reading content 

Week 15 


Week 16 

  • No new video, lecture, or reading content 

While Exam 2 emphasizes material introduced since Week 7, it is possible for example questions to relate current material with material covered in the first half of the course, as the course knowledge is cumulative. 

Study Material

The linked study guide questions are in multiple-choice format, which will differ in style from the multiple-select format of the current exam. 

You are encouraged to peruse materials from previous semesters and other resources linked below to prepare for the exam. NOTE: The course staff has no guarantee of correctness of the resource answers as some are student-generated, incorrect, or incomplete. They are meant to be a tool to use for understanding how the questions will be devised. In general, it would be beneficial to only use the questions as a means to research your own answers. Also, much of the code will be in Python 2 so some of the results will differ from Python 3.