# use http://www.principlesofeconometrics.com/stata/beer.dta 2. Describe the dataset: What can you tell me about the data? How could

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## Question:

- What can you tell me about the data?
- How could we use this data?
- Who would care about this data?
- Use the summarize command & show histograms
- What patterns do we see in the variables?
- Comment on why these patterns might exist in the dataset
- What kind of biases might exist in the patterns seen here?
- Show a scatter plot of the two vars
- Show the coefficient of correlation & discuss.
- Perform a simple regression of each var on the other (two separate regressions)
- Do these regression results match your expectations, based on economic theory?

*use http://www.principlesofeconometrics.com/stata/beer.dta*

__2. Describe the dataset:__

__3. Choose 2 variables and provide univariate summary statistics for each. __

__4. Perform a short analysis of the relationship between the two vars__

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