Mathematics, 05.05.2020 10:55 chrissycherry
Use the data in LOANAPP. TXT for this exercise. The binary variable to be explained is approve, which is equal to one if mortgage loan to an individual was approved. The key explanatory variable is white, a dummy variable equal to one if the applicant was white. The other applicants in the data set are black and Hispanic. To test for discrimination in the mortgage market, a linear probability model can be used
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Use the data in LOANAPP. TXT for this exercise. The binary variable to be explained is approve, whic...
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