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kehuang11 / EEP153_Proj4_Holbrook

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David Zilberman Code Review #1

Open LogsC opened 1 year ago

LogsC commented 1 year ago

Looks good! Good working analysis of Tanzanian families with children. Something that I noticed was that the prices / budget (and by extension the compensating variation and deadweight loss) look fairly large; I wonder if that is expected.

kehuang11 commented 1 year ago

Hello Team David Zilberman, thank you for the feedback!

The unit of price used in the datasets were in Tanzanian Shillings. One source from 2016 stated that the avg wage in Tanzania was 362,400 TZS/Month or (157.44 USD/Month), so the large range of price/budget is expected. We will work on adding the units to the graphs to make this more clear. Thanks! :)

Source: https://take-profit.org/en/statistics/wages/tanzania/