By letting the GDP (gross domestic product) be the dependent variable (y), and the year (2002 - 2021) be the independent variable (x), answer the following questions: (a) Based on the line graph of the two countries, comment on the significant features from the graphs (identify any unusual points, if any, and observe the trend line). Compare the results of the GDP in these two countries. (Pls refer to the table and line graph in the image attached below) (b) Determine the correlation between the GDP and year, and develop the estimatedequation for Ethiopia and Germany. Refer to the summaryoutput of the two countries in the image attached below and interpret the coefficient for the independent variable. Determine whether the regression model is significant at 1% significance level. . SUMMARY OUTPUT (Germany)Multiple RR SquareAdjusted R SquareStandard ErrorObservationsANOVARegressionResidualTotalInterceptMultiple RR SquareSUMMARY OUTPUT (Ethiopia)Regression StatisticsANOVAAdjusted R SquareStandard ErrorObservationsRegressionResidualTotalInterceptRegression Statistics4.5E+124E+123.5E+123E+122.5E+122E+121.5E+121E+125E+1100.8451432440.7142671040.6974592862.48156E+112002dfStandard ErrorCoefficientst StatP-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%-1.32826E+14-6.351346854 7.23515E-06 -1.76948E+14 -8.87032E+13 -1.76948E+14 -8.87032E+132002 67758187612 10394105434 6.518905166 5.25188E-06 45828542050 89687833173 45828542050 896878331732.0913E+130.9807726590.9619150080.9596747146802516289df1919MSFSS2.61697E+24 2.61697E+24 42.49612457117 1.04688E+24 6.15813E+2218 3.66385E+241SSMS1.98688E+22 1.98688E +2217 7.86662E+20 4.62742E+1918 2.06554E+22Significance F5.25188E-06F Significance F429.370057 1.67599E-13Coefficients Standard Error t StatP-value Lower 95%-1.18287E+13 5.73273E+11 -20.63359563 1.79653E-13 -1.30382E+135904022990 284926053.4 20.72124651 1.67599E-13 5302881564 6505164416 5302881564 6505164416Upper 95%Lower 95.0% Upper 95.0%-1.06192E+13 -1.30382E+13 -1.06192E+13Germany (GDP)2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021Years GDP1.2E+111E+118E+106E+104E+102E+10Years200220032004200520062007200820092010201120122013201420152016201720182019202020210Ethiopia (GDP)2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021YearsEthiopia (GDP) Germany (GDP)7850809498.17 2078484517474.518623691300.04 2501640388482.3510131187261.44 2814353869359.0812401139453.972846864211175.1015280861834.60 2994703642023.5319707616772.803425578382921.5827066912635.22 3745264093617.1932437389116.043411261212652.3429933790334.343399667820000.0131952763089.33 3749314991050.5943310721414.083527143188785.1647648211133.22 3733804649549.0355612228233.52 3889093051023.5264589334978.803357585719351.5674296618481.09 3469853463945.5381770791970.98 3690849152517.6584269348327.35 3974443355019.6095912590628.14 3888226035921.56107657734392.45 3889668895299.62111271112329.98 4259934911821.64

By letting the GDP (gross domestic product) be the dependent variable (y), and the year (2002 - 2021) be the independent variable (x), answer the following questions: (a) Based on the line graph of the two countries, comment on the significant features from the graphs (identify any unusual points, if any, and observe the trend line). Compare the results of the GDP in these two countries. (Pls refer to the table and line graph in the image attached below) (b) Determine the correlation between the GDP and year, and develop the estimated equation for Ethiopia and Germany. Refer to the summary output of the two countries in the image attached below and interpret the coefficient for the independent variable. Determine whether the regression model is significant at 1% significance level.

By letting the GDP (gross domestic product) be the dependent variable (y), and the year (2002 - 2021) be the independent variable (x), answer the following questions: (a) Based on the line graph of the two countries, comment on the significant features from the graphs (identify any unusual points, if any, and observe the trend line). Compare the results of the GDP in these two countries. (Pls refer to the table and line graph in the image attached below) (b) Determine the correlation between the GDP and year, and develop the estimated equation for Ethiopia and Germany. Refer to the summary output of the two countries in the image attached below and interpret the coefficient for the independent variable. Determine whether the regression model is significant at 1% significance level.

Elementary Linear Algebra (MindTap Course List)

8th Edition

ISBN:9781305658004

Author:Ron Larson

Publisher:Ron Larson

Chapter2: Matrices

Section2.CR: Review Exercises

Problem 89CR: Cellular Phone Subscribers The table shows the numbers of cellular phone subscribers y in millions...

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