Explain the data and the variables


Assignment Problem:

Use any dataset to do the following: (remember we have quite a few datasets available through the book, you are welcome to use them - besides the "caschool" data that we've been using for discussion in class)

Deliverable:

1. Ask a question you'd like to answer using the dataset. For instance, in class we are trying to answer "whether class-size affects performance of students?"

2. Briefly, explain the data and the variables that you will use to answer this question. [What does the dataset have? What does the variable measure? What is the unit of measurement?] Remember this chart should be self-explanatory, so do label the axes, have a title, etc. Anyone, those who don't work on data as well as those who do, should be able to understand your chart.

3. Using the variables of interest, create a chart in R (use ggplot library). This chart should be able to present to the reader what the relationship between the two variables are. If should answer, or hint towards an answer, to your question.

4. Write a short paragraph discussing the chart and whether your hypothesis is consistent with the chart (what did you think prior to looking at the data, has that changed given now you have the data?).

Some Resource: Please use some version ofggplot2.

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Econometrics: Explain the data and the variables
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