3. We are interested in studying the relationship between severity of COVID 19 and economic growth. The severity of COVID was measured by the average no of patients reported in year 2021 per million of population and economic growth was measured as GDP growth rate. A random sample of 5 counties has been chosen and the table below shows the information on both of the variables: COVID severity index GDP Growth County no (%) 1 500 300 3-х 3 100 1 4 800 -2 5 1000 -4 а) Which of the two is independent variable and which of the two is dependent variable? b) kind (form, strength and direction) of the relationship do you observe between these variables? Explain Sketch the scatter plot between COVID severity and economic Growth. What 4 c) Find the equation of straight line and interpret the slope coefficient and intercept. d) Find the R-square of the regression and interpret it. Find the predicted value of Growth rate for the county with 700 cases per e) million in year 2021. Is the answer reliable? Explain. f) Find the observation with largest residual. Do you think there exist a causal relationship between the variables? Explain. g)
3. We are interested in studying the relationship between severity of COVID 19 and economic growth. The severity of COVID was measured by the average no of patients reported in year 2021 per million of population and economic growth was measured as GDP growth rate. A random sample of 5 counties has been chosen and the table below shows the information on both of the variables: COVID severity index GDP Growth County no (%) 1 500 300 3-х 3 100 1 4 800 -2 5 1000 -4 а) Which of the two is independent variable and which of the two is dependent variable? b) kind (form, strength and direction) of the relationship do you observe between these variables? Explain Sketch the scatter plot between COVID severity and economic Growth. What 4 c) Find the equation of straight line and interpret the slope coefficient and intercept. d) Find the R-square of the regression and interpret it. Find the predicted value of Growth rate for the county with 700 cases per e) million in year 2021. Is the answer reliable? Explain. f) Find the observation with largest residual. Do you think there exist a causal relationship between the variables? Explain. g)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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