1) Review Quiz
2) Review HMDA data guide
–Know your data, its scope, currency and omissions.
3) Rates and Ratios
4) Continue Work With Data from HMDA website
Cohen, Numbers in the Newsroom. Rates and Ratios.
–Calculate a rate: NICAR Coursepack
Rates_and_Ratios
RI_student_teacher
–Calculate a rejection rate: HMDA
What is our base?
http://www.ffiec.gov/hmda/pdf/2013guide.pdf
Data and Race
—Demographics of Arkansas vs US
U.S. Census for NW Arkansas.
http://www.census.gov/quickfacts/table/PST045215/00
Definitions:
The Office of Management and Budget has adopted definitions of the five races and Hispanic ethnicity. http://www.whitehouse.gov/omb/fedreg_1997standards/
See “Standards for Maintaining, Collecting, and Presenting Federal Data on Race and Ethnicity”
Form and Instructions for Data Collection on Ethnicity, Race, and Sex B-1
http://www.ffiec.gov/hmda/pdf/2013guide.pdf
Homework for Thursday:
Read Cohen, Numbers in the Newsroom. Rates and Ratios.
–Using the northwestern Arkansas HMDA data we reviewed in class, calculate a rejection rate for home mortgage lending for AGGREGATE TABLE 4-2 by Race Only (applications denied / applications received). Provide a very brief summary of your results.
–Post two questions about your results or problems with the data you would need to pursue if working on this for a story.
Blog Post Due 5 pm Wednesday
Reading:
Read Trielli’s “Reading a Data Dictionary.” Apply this method to the HMDA data.
Understand what the fields mean
–Do all of the fields contain data? Is that an issue and why?
–Are the descriptions clear? Do we need to look something up or ask someone what they mean?
Read: Chapter 2 of Data Journalism Handbook