Answer the following: The table below shows data on interest rates (INT), the growth rate of the gross domestic product (GDP), and the level of investment (INV) in USD Millions in the country of Zamunda. INT GDP INV 9 8 5 2 6 3 10 4 3.0 26 4.0 33 2.0 23 4.5 36 3.2 29 2.0 20 3.0 24 5.0 40 2 4.5 36 9 3.0 28 (i) Generate the multiple correlation matrix for the three data sets and comment on the correlations. (ii) formulate the linear relation INV = f(INT, GDP) and run the multiple regression using MS Excel Data Analysis Tool Pack or SPSS. (iii) Obtain the intercept term and the slope coefficients and explain their meanings. (iv) Obtain the adjusted R2 and the F statistic and comment on them.
Answer the following: The table below shows data on interest rates (INT), the growth rate of the gross domestic product (GDP), and the level of investment (INV) in USD Millions in the country of Zamunda. INT GDP INV 9 8 5 2 6 3 10 4 3.0 26 4.0 33 2.0 23 4.5 36 3.2 29 2.0 20 3.0 24 5.0 40 2 4.5 36 9 3.0 28 (i) Generate the multiple correlation matrix for the three data sets and comment on the correlations. (ii) formulate the linear relation INV = f(INT, GDP) and run the multiple regression using MS Excel Data Analysis Tool Pack or SPSS. (iii) Obtain the intercept term and the slope coefficients and explain their meanings. (iv) Obtain the adjusted R2 and the F statistic and comment on them.
Chapter5: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 37CT: On the day a grandchild is born, a grandparent deposits $2500 in a fund earning 7.5% interest,...
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Transcribed Image Text:Answer the following:
The table below shows data on interest rates (INT), the growth rate of
the gross domestic product (GDP), and the level of investment (INV) in
USD Millions in the country of Zamunda.
INT GDP INV
9
8
5
m
2.0 23
4.5 36
3.2 29
2.0 20
10 3.0 24
st
3.0 26
4
4.0 33
5.0 40
4.5 36
9
3.0 28
(i) Generate the multiple correlation matrix for the three data sets and
comment on the correlations.
(ii) formulate the linear relation INV = f(INT, GDP) and run the multiple
regression using MS Excel Data Analysis Tool Pack or SPSS.
(iii) Obtain the intercept term and the slope coefficients and explain
their meanings.
(iv) Obtain the adjusted R2 and the F statistic and comment on them.
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