Acorn is the acronym for Association of Community Organizations for Reform Now. These data were presented by Acorn to a Joint Congressional Hearing on discri- mination in lending. Acorn concluded that "banks generally have exhibited a per- vasive pattern of lending practices that have the effect, intended or not, of racial discrimination. Wide disparities in rejection rates for minority and white applicants, even in comparable income groups, were found in all SMA's, and at nearly every institution studied."
The student's task is to summarize and illustrate the data, and to evaluate the statistical significance of racial disparities.