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BASIC PRINCIPLES OF TEST PREP. KEEP UP KEEP UP KEEP UP. Manage your ... with test dates in as far ahead as possible. A week ahead, make a test prep time schedule ...

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B100 strategies for success test preparation l.jpg

B100: Strategies for SuccessTest Preparation

Ryerson School of Business


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Comp., memory and review:

Amount retained

Time of learning

Review 2

Review 1


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YOU ARE MORE LIKELY TO GET HIGH GRADES ON TESTS AND EXAMS IF YOU MAKE YOUR OWN TESTS AND EXAMS EITHER AS YOU DO YOUR KEEP UP OR AT TEST/EXAM TIMESO MAKE YOUR OWN TEST/EXAM QUESTIONS AND ANSWER THEM!


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There is no reason whatsoever that you cannot anticipate or guess quite accurately the questions that a prof will put on a test/exam.


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Course Outline guess

Concepts

Questions

Lecture Notes

Concepts

Questions

Text Chapters

Concepts

Questions

Before the prof gets to you

Your own Test Exam Questions

The profs Test/Exam questions


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How much work you do at test/exam time guess depends on how much you do during the semester!Therefore, when you do your keep-up homework, make questions and answersdo the exercises, problemsmake notesmake information “maps”


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At test/exam time, in high priority courses, guess the worst thing is to face chapters that have not been annotated, without questions-answers, without summary notes, without clearly written and annotated solutions to problems


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BASIC LAW OF TEST PREP: guess KEEP UP, KEEP UP, KEEP UP

LECTURES

ASSIGNMENTS PROBLEMS

TEXT


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BASIC PRINCIPLES OF TEST PREP guess

  • KEEP UP KEEP UP KEEP UP

  • Manage your time!! Esp. term calendar with test dates in as far ahead as possible.

  • A week ahead, make a test prep time schedule

  • Don’t avoid the hard parts! Face them; get help

  • Do the comprehension work as you go; especially in cumulative and quantitative courses


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BASIC PRINCIPLES OF TEST PREP guess

  • Make notes of various kinds

  • And/or

  • Mark and annotate your text/readings as you go

  • Organize serious study groups:

    • Q & A each other


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HOW TO CRAM GOOD guess

  • Cramming is ok if its in appropriate course and if you do it right

    • Not intellectually complex

    • Mostly memory oriented rather than complex analytic thought

    • Not a prerequisite or cumulative course

    • Already have good background

    • Common sense content

    • Not high quantity


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Lecture notes guess

Summary notes

Crib sheets

Information “maps”

Flash cards

Text

highlight

Marginal notes

notes


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KINDS OF TEST PREP NOTES guess

1. Q & A notes

2. Flash cards:

  • Definition type

  • Q & A type

  • Concept – information type

  • Concept – diagram type

  • Operation – procedure type

  • Problem solving type


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1. Remember the Q & A note style? guess

HIDE THIS SIDE

CAN YOU ANSWER THE QUESTIONS?

WHAT IF YOU CAN’T?

Test

Q’s

this side

Answers

on this

side


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Question guess

Concept

Operation

Problem

Answer

Information

Diagram or process

Graphs

Formulae & solution

2. Flash cards:


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Measuring the depreciable guess

Basis of an asset?

Estimating useful service

life of an asset?

Deciding pattern of expiration or asses cost over useful service life?

The answer to the question (page ref.)

The process or example of these

Example

Explanation or steps

Formula

Definitions


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Depreciation: guess

Straight line method

Definition

Formula in words

Example

Page ref.


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KINDS OF TEST PREP NOTES guess

  • Concept or summary notes:

    • summarize main ideas of theory chapter

    • Quantitative course: Key term definitions, formulae, theorems, symbol notations, graphs, key example or “type” problems

  • Mnemonic tricks:

    • first letter of key words

    • Make a vivid sentence or “sayings” out of key words


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What you can put in a “concept” or chapter summary: guess

  • Key terms and definitions

  • Formulae

  • Explanations

  • Basic problem types given

  • Exceptions or warnings or “remember to do’s” or “killer” problems

  • Comparisons to related concepts: similarities & differences:


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KINDS OF TEST PREP NOTES guess

  • Information “Maps” (use color)

    • Concept Grids or tables

    • Q & A grids or tables

    • Flow charts, process, relationship diagrams

    • Picture and info sheets

    • “Tree” diagrams

    • Compare/contrast, pro/con charts

    • “Silly” picture notes


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Why information “maps”? guess

  • You are organizing and structuring the info so you are making it into knowledge

  • You can integrate lecture and text material in one place

  • You are reducing info to essentials

  • Maps let you see relationships among ideas

  • You are using your visual and your “kinesthetic” (writing) learning modes

  • Visual patterns are more memorable


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Example of a flow chart info map guess :

Opening balance

Close the entries

Do transactions

& analyze them

Prepare a statement

Enter these transactions into journal

Adjust the trial balance and entries

State your trial balance

Post these


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Example of a key term note: guess

Law of Demand:

Quantity

demanded

Price

P

Qd

Law of Supply:

Quantity

demanded

P

Qd

Price


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Key term note: guess

Diminishing marginal return:

The more you get, the less you are satisfied or the more you want!

Quantity

Satisfaction

Substitution Effect:

Price

You pay less

Income Effect:

Price (P)

Purchasing

You buy more

Memory Code: GREED! Or The more there is to buy, the more you want and if price is low, the more you buy!


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Debits and Credits and T-Accounts guess

AE – LOR Debit …………… ……… Credit

Debit ………………… Credit

+ Asset Liability +

+ Expense Owner’s Equity +

Revenue +

(+ = increase account; = decrease)


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Example guess of a grid type info map:

Pure monopoly

Pure

Competit’n

Monopolistic

Oligopoly

Def.?

Demand

Supply

Rel?

Eg.?


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Fixed cost guess

Variable cost

Marginal cost

Total cost

Def.?

formula

Rel. of

MC to

AVC/ATC


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Mean guess

quartiles

Median

Mode

mid-range

Def.?

formula

Example


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Q&A Decision Tree note: guess

Is there a correl. Between these data?

Is it continuous?

Do a Pearsons r

yes

Y

No

Do you know the population parameter?

Do a one sample t test

Is there one sample mean?

Y

Y

N

Do an independent sample t test

Are they independent?

Are there two sample means?

Y

Y

N

N

Do a dependent samples t test

ANOVA


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Economics: (ch. 4) Demand, Supply and Equilibrium guess

D

S

  • Buyer taste

  • # buyers

  • Change of income

  • Change of

  • expectation

  • Technology

  • Resource prices

  • Taxes/subsidy

  • Price of goods

  • Expectations

  • # of suppliers

surplus

$4

$3

$2

shortage


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ANALYSE YOUR TEST RESULTS! guess See section page in MOI Book

  • Takes courage but

  • Is a very strong self-monitoring strategy

  • Main questions:

    • Did I do as well as I could have?

    • Did I get a low mark because I skipped certain parts of the course material?

    • Did I get a low mark because I just didn’t know what I thought I knew?

    • How should I study or manage the course differently?



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