Make a scatterplot of gross domestic product and education levels. The group of eight consists of...
Make a scatterplot of gross domestic product and education levels. The group of eight consists of many of the major world economic powers. It meets annually to discuss pressing world problems. Here are data for seven of the eight G8 nations for gross domestic product (GDP) in 2004 and a measure of education. The measure of education is the percentage of the population between the ages of 25 and 64 that had at least one university degree. No data point for education in Russia was available, so Russia is not included. Country: Canada; GDP: 0.98; Percentage with University Degree: 19 Country: France; GDP: 2.00; Percentage with University Degree: 11 Country: Germany; GDP: 2.71; Percentage with University Degree: 13 Country: Italy; GDP: 1.67; Percentage with University Degree: 9 Country: Japan; GDP: 4.62; Percentage with University Degree: 18 Country: United Kingdom; GDP: 2.14; Percentage with University Degree: 17 Country: United States; GDP:11.67; Percentage with University Degree: 27 a. Create a scatterplot of these data. b. Describe the relation between variables that you see in the scatter plot.
Homework Answers
a) Scatter plot is used to represent the bi-variate data and it is used to represent the relationship between two variables.
b) From the above scatter diagram we can observe that there was positive correlation between gross domestic product (GDP) in 2004 and a measure of education.
Add Answer to:
Make a scatterplot of gross domestic product and education
levels. The group of eight consists of...
20. The following table presents data on imports and exports as a percentage of gross domestic...
20. The following table presents data on imports and exports as a percentage of gross domestic product (GDP) for select countries in 2015, based on data from the World Bank. Exports as a Percentage of GDP Imports as a Percentage of GDP 21.2 82.7 30.3 18.8 38.9 15.5 Country Australia Belgium Chile China South Korea 45.9 United States 12.6 19.8 84.4 30.1 22.4 Based on data from the table, which countries had a trade deficit in 2015? (3 points)
The following table lists gross domestic product (GDP) and approximate population for four countries in 2013....
The following table lists gross domestic product (GDP) and approximate population for four countries in 2013. Note that GDP is given in millions of U.S dollars (USD). For example, a value of 16,800,000 suggests that U.S. GDP was approximately $16.8 trillion in 2013. GDP per capita, however, is simply given in dollars (USD) Calculate GDP per capita for each country and enter it in the fourth column of the table GDP per capita (USD) GDP France Liberia India United States...
The accompanying scatterplot shows the growth rate (in % of Gross Domestic Product) of 27 countries...
The accompanying scatterplot shows the growth rate (in % of Gross Domestic Product) of 27 countries from a certain region vs. the growth rate of the leading country in another region. Each point represents one of the years from 1970 to 2011. The output of a regression analysis follows the scatterplot. Complete parts a and b below. Click the icon to view the scatterplot and the output of the regression analysis. a) Check the assumptions and conditions for the linear...
Chapter 2, Section 3, Exercise 109 Public Expenditure on Education The figure below shows the public...
Chapter 2, Section 3, Exercise 109 Public Expenditure on Education The figure below shows the public expenditure on education as percentage of Gross Domestic Product (GDP) for all countries. 1 The mean expenditure is μ and the standard deviation of the expenditures is σ = 2%. The data are stored in EducationLiteracy 4.7% 10 12 1Data from The World Bank, the most recent data available for each country as of July 2015 obtained from knoema.com (a) The United States spends...
Exp oration #23-Solving Exponential Equations: HOMEWORK Homework Project A GDP of China e gross domestic product GDP of a country is the total value of goods and services produced y a country during...
Exp oration #23-Solving Exponential Equations: HOMEWORK Homework Project A GDP of China e gross domestic product GDP of a country is the total value of goods and services produced y a country during one year. The United States has the largest GDP in the world, and it has been rising steadily over the past few decades. While China has a lesser GDP than the US, it's GDP has seen greater and greater increases in the recent past. The following data...
FQMClass2 widok chroniony - Zapisano w: ten komputer Układ Odwołania Korespondencja Recenzja Widok Pomoc O Powiedz...
FQMClass2 widok chroniony - Zapisano w: ten komputer Układ Odwołania Korespondencja Recenzja Widok Pomoc O Powiedz mi, co chcesz zrobić rnetowej i moze zawierać wirusy. Jeśli nie ma konieczności jego edytowania, bezpieczniej jest pozostać w widoku chronionym. Part II (Exercises from Business Statistics; Sharpe, De Veaux, Velleman) 1. As the new manager of a small convenience store, you want to understand the shopping patterns of your customers. You randomly sample 20 purchases from yesterday's records (all purchases in U.S. dollars):...
Chapter overview 1. Reasons for international trade Resources reasons Economic reasons Other reasons 2. Difference between...
Chapter overview 1. Reasons for international trade Resources reasons Economic reasons Other reasons 2. Difference between international trade and domestic trade More complex context More difficult and risky Higher management skills required 3. Basic concept s relating to international trade Visible trade & invisible trade Favorable trade & unfavorable trade General trade system & special trade system Volume of international trade & quantum of international trade Commodity composition of international trade Geographical composition of international trade Degree / ratio of...
20. The following table presents data on imports and exports as a percentage of gross domestic product (GDP) for select countries in 2015, based on data from the World Bank. Exports as a Percentage of GDP Imports as a Percentage of GDP 21.2 82.7 30.3 18.8 38.9 15.5 Country Australia Belgium Chile China South Korea 45.9 United States 12.6 19.8 84.4 30.1 22.4 Based on data from the table, which countries had a trade deficit in 2015? (3 points)
The following table lists gross domestic product (GDP) and approximate population for four countries in 2013. Note that GDP is given in millions of U.S dollars (USD). For example, a value of 16,800,000 suggests that U.S. GDP was approximately $16.8 trillion in 2013. GDP per capita, however, is simply given in dollars (USD) Calculate GDP per capita for each country and enter it in the fourth column of the table GDP per capita (USD) GDP France Liberia India United States...
The accompanying scatterplot shows the growth rate (in % of Gross Domestic Product) of 27 countries from a certain region vs. the growth rate of the leading country in another region. Each point represents one of the years from 1970 to 2011. The output of a regression analysis follows the scatterplot. Complete parts a and b below. Click the icon to view the scatterplot and the output of the regression analysis. a) Check the assumptions and conditions for the linear...
Chapter 2, Section 3, Exercise 109 Public Expenditure on Education The figure below shows the public expenditure on education as percentage of Gross Domestic Product (GDP) for all countries. 1 The mean expenditure is μ and the standard deviation of the expenditures is σ = 2%. The data are stored in EducationLiteracy 4.7% 10 12 1Data from The World Bank, the most recent data available for each country as of July 2015 obtained from knoema.com (a) The United States spends...
Exp oration #23-Solving Exponential Equations: HOMEWORK Homework Project A GDP of China e gross domestic product GDP of a country is the total value of goods and services produced y a country during one year. The United States has the largest GDP in the world, and it has been rising steadily over the past few decades. While China has a lesser GDP than the US, it's GDP has seen greater and greater increases in the recent past. The following data...
FQMClass2 widok chroniony - Zapisano w: ten komputer Układ Odwołania Korespondencja Recenzja Widok Pomoc O Powiedz mi, co chcesz zrobić rnetowej i moze zawierać wirusy. Jeśli nie ma konieczności jego edytowania, bezpieczniej jest pozostać w widoku chronionym. Part II (Exercises from Business Statistics; Sharpe, De Veaux, Velleman) 1. As the new manager of a small convenience store, you want to understand the shopping patterns of your customers. You randomly sample 20 purchases from yesterday's records (all purchases in U.S. dollars):...
Most questions answered within 3 hours.
-
284 mL of a 0.52 M potassium hydroxide solution is added to 467
mL of a...
asked 3 minutes ago -
exercise on VSEPR and molecular structrue.
octahedral
SeCl62-
TeCl62-
ClF62-
distorted
SeF62–
IF6–
asked 5 minutes ago -
Little’s Law: Val d’Costa is a world famous ski village in the
French Alps. Because of...
asked 57 minutes ago -
Find the absolute error D for the calculation if A + B/C=D A=
9.4 +/- 0.4...
asked 1 hour ago -
New Air Heating and Cooling, manufactures furnaces and central
air units. The company pride itself on...
asked 1 hour ago -
A coach uses a new technique to train gymnasts. Seven
gymnasts were randomly selected and their...
asked 3 hours ago -
While rotating the tires on your car you notice a rock [mass =
0.1 Kg] stuck...
asked 5 hours ago -
Using MARS simulator, write MIPS programs according to
the following scenarios: Receive a positive integer number...
asked 7 hours ago -
An object in front of a concave mirror has a real image that is
11.5 cm...
asked 7 hours ago -
Consider the reaction, C3 H8 + O2 --> CO2 + H2O. How many
moles of O2...
asked 9 hours ago -
You and your opponent both roll a fair die. If you both roll the
same number,...
asked 9 hours ago -
In a study of the accuracy of fast food drive-through orders,
Restaurant A had 257 accurate...
asked 9 hours ago