Show proposed mechanism is consistent with the experimental rate law
The final rate equation is generated from substituting $\ce{[NO3]}$ defined in the third to last equation:

$\ce{[NO3]} = \frac{k_1}{k_{–1}}\ce{[NO][O_2]}$

into the second to last equation:

$2k_2\ce{[NO_3][NO]}$

This will give you the final rate equation defined only in terms of the starting concentrations. The $\ce{[NO_3]}$ term is replaced, $\ce{[NO]}$ squared, and $\ce{[O_2]}$ remains. None of the equilibrium constants cancel out. The intermediate $\ce{[NO_3]}$ is not included in the final equation, as it is consumed in the overall reaction.