Question: 1. (20 Points) Work textbook Exercise #2 in Chapter 2, on page 39-40 of your text, EXCEPT you will use the data that I have

1. (20 Points) Work textbook Exercise #2 in Chapter 2, on page 39-40 of your text, EXCEPT you will use the data that I have posted in an Excel file on Blackboard named Winter Olympics_2002to2014.This is a subset of the years available on the textbook site and is different than the one that you used in HW#2.The data here is "clean" except it has some missing data.For this assignment, leave those observations blank (meaning, use the data as it is in the file).If you leave the observations blank, both Stata and Excel will correctly treat them as missing.

textbook is Real econometrics: the right tools to answer important questions, Second Edition, by Michael A. Bailey

I tried the way to calculate the GDP, but there is not enough data to calculate and I clicked the GDP data it gave, but it is only data and no function in that.

1. (20 Points) Work textbook Exercise #2 in Chapter 2, on page

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