Econ2206 Task Essay

Econ2206 Task Essay

ECON2206/3290В IntroductoryВ EconometricsВ AssignmentВ 1В DueВ WeekВ 5В В[TotalВ 10В pointsВ includingВ 1В pointВ forВ presentation]В В ToВ investigateВ whetherВ fast‐foodВ restaurantsВ chargeВ higherВ pricesВ inВ areasВ withВ aВ largerВ concentrationВ ofВ blacks, В youВ obtainВ ZIP‐levelВ dataВ onВ pricesВ forВ variousВ itemsВ atВ fast‐foodВ restaurants, В alongВ withВ characteristicsВ ofВ theВ zipВ codeВ population, В inВ twoВ USВ citiesВ NewВ JerseyВ andВ Pennsylvania. В В TheВ dataВ setВ isВ inВ DISCRIM. RAWВ whichВ canВ beВ foundВ onВ BlackboardВ inВ theВ courseВ website. В (a) [1В point]В DownloadВ theВ descriptionВ fileВ " discrim. des” andВ dataВ fileВ " discrim. dta” fromВ theВ courseВ websiteВ andВ readВ theВ descriptionsВ aboutВ theВ data. В FindВ theВ (i)В theВ unitsВ ofВ measurement; В (ii)В theВ sampleВ means; В В andВ (iii)В theВ sampleВ standardВ deviationsВ ofВ prpblckВ andВ income. В В В (b) [1В point]В ConsiderВ aВ modelВ toВ explainВ theВ priceВ ofВ soda, В psoda, В inВ termsВ ofВ theВ proportionВ ofВ theВ populationВ thatВ isВ blackВ andВ medianВ income…...

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