Question: 9.7 Use the data in LOANAPP.RAW for this exercise. (i) How many observations have obrat > 40, that is, other debt obligations more than 40%

9.7 Use the data in LOANAPP.RAW for this exercise. (i) How many observations have obrat > 40, that is, other debt obligations more than 40% of total income? (ii) Reestimate the model in part (iii) of Computer Exercise C7.8, exclud- ing observations with obrat > 40. What happens to the estimate and t sta- tistic on white? (iii) Does it appear that the estimate of white is overly sensitive to the sam- ple used?

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