Calculate and interpret the Coefficient of Correlation between the following indicators: GDP (Current $US) and Final consumption expenditure (current US$)

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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  1. Calculate and interpret the Coefficient of Correlation between the following indicators:
  • GDP (Current $US) and Final consumption expenditure (current US$)
32 1989
33 1990
34 1991
35 1992
36 1993
37 1994
38 1995
39 1996
40 1997
41 1998
42 1999
43 2000
44 2001
45 2002
46 2003
47 2004
48 2005
49 2006
50 2007
51 2008
52 2009
53 2010
54 2011
55 2012
56 2013
57 2014
58 2015
59 2016
60 2017
61 2018
62 2019
63 2020
1182686577
1337024782
1383843860
1532401863
1636074718
1825763268
1970347721
2128696644
2090184941
1653160862
1936484565
1678239218
1652464201
1833279985
2300453634
2708078477
2980484920
3076305453
3378314600
3523185920
2870624636
3140181444
3779378134
3972012571
4189915667
4857220602
4682546881
4930204220
5353404419
5581371848
5481675173
4477040340
377123595.5
415555768.1
362574823.4
349769265.6
370936096.4
490190386.7
519649206
672201239.9
535646873.4
428927346.1
537716570.4
530125262.7
496959366.8
464124766.1
651015610.4
634301946.2
680569041.2
659151820.7
722647098.9
901997972.2
615098781.7
819747577.5
1071737361
1205131844
1143327159
1208532271
970193385.8
921839857.5
987051789.2
1003626840
1026264878
819285988.1
70610000.61
81319999.69
71519996.64
98709999.08
89629997,25
57450000.76
57750000
59569999.69
61150001.53
54919998.17
47950000.76
42349998.47
41250000
49729999.54
65269996.64
78339996.34
77809997.56
66940002.44
54150001.53
46389999.39
66319999.69
69809997.56
61450000.76
87389999.39
80459999.08
85569999.69
109470001.2
123989997.9
148990005.5
120959999.1
142860000.6
316399872
318026329.3
282093980.4
257427622.5
246248945.3
196861157.8
183417026
165771501
158130798.8
140365632.2
203848126.2
194527935.4
181389690.1
211378367.3
258131310.3
263742090.4
302666509.7
373224464.8
397932776.2
689116436.7
1067927269
1107442022
1355509518
1270343618
1284885601
1291245045
1232759435
1297960843
1267715374
1245387658
1344060627
1518014489
29083211.42
30542031.59
32482582.88
30539125.34
32041095.62
33665273.34
34700248.16
32851136.61
30962540.18
22598926.93
23811699.72
32039537.35
32811655.82
30914304.27
37296898.08
46798811.28
43111350.29
54067168.06
75576918.3
53585658.62
51285722.32
50408953.71
60785527.47
59221516.41
58108276.9
74787941.13
42617557.6
54411608
75276555.01
81378313.57
79497171.86
73510781.83
1063567721
1208124114
1241365546
1326246174
1358953172
1456160781
1580830548
1586973562
1582046131
1182252869
1277467506
1249412760
1210225775
1283231972
1568519886
1764512406
2768866884
2919347967
3034012793
3287996737
2652227233
2741880154
3205195182
3407651880
3560302704
3786928102
3621853547
3960758104
4288693212
4512216154
4475513794
3789452693
Transcribed Image Text:32 1989 33 1990 34 1991 35 1992 36 1993 37 1994 38 1995 39 1996 40 1997 41 1998 42 1999 43 2000 44 2001 45 2002 46 2003 47 2004 48 2005 49 2006 50 2007 51 2008 52 2009 53 2010 54 2011 55 2012 56 2013 57 2014 58 2015 59 2016 60 2017 61 2018 62 2019 63 2020 1182686577 1337024782 1383843860 1532401863 1636074718 1825763268 1970347721 2128696644 2090184941 1653160862 1936484565 1678239218 1652464201 1833279985 2300453634 2708078477 2980484920 3076305453 3378314600 3523185920 2870624636 3140181444 3779378134 3972012571 4189915667 4857220602 4682546881 4930204220 5353404419 5581371848 5481675173 4477040340 377123595.5 415555768.1 362574823.4 349769265.6 370936096.4 490190386.7 519649206 672201239.9 535646873.4 428927346.1 537716570.4 530125262.7 496959366.8 464124766.1 651015610.4 634301946.2 680569041.2 659151820.7 722647098.9 901997972.2 615098781.7 819747577.5 1071737361 1205131844 1143327159 1208532271 970193385.8 921839857.5 987051789.2 1003626840 1026264878 819285988.1 70610000.61 81319999.69 71519996.64 98709999.08 89629997,25 57450000.76 57750000 59569999.69 61150001.53 54919998.17 47950000.76 42349998.47 41250000 49729999.54 65269996.64 78339996.34 77809997.56 66940002.44 54150001.53 46389999.39 66319999.69 69809997.56 61450000.76 87389999.39 80459999.08 85569999.69 109470001.2 123989997.9 148990005.5 120959999.1 142860000.6 316399872 318026329.3 282093980.4 257427622.5 246248945.3 196861157.8 183417026 165771501 158130798.8 140365632.2 203848126.2 194527935.4 181389690.1 211378367.3 258131310.3 263742090.4 302666509.7 373224464.8 397932776.2 689116436.7 1067927269 1107442022 1355509518 1270343618 1284885601 1291245045 1232759435 1297960843 1267715374 1245387658 1344060627 1518014489 29083211.42 30542031.59 32482582.88 30539125.34 32041095.62 33665273.34 34700248.16 32851136.61 30962540.18 22598926.93 23811699.72 32039537.35 32811655.82 30914304.27 37296898.08 46798811.28 43111350.29 54067168.06 75576918.3 53585658.62 51285722.32 50408953.71 60785527.47 59221516.41 58108276.9 74787941.13 42617557.6 54411608 75276555.01 81378313.57 79497171.86 73510781.83 1063567721 1208124114 1241365546 1326246174 1358953172 1456160781 1580830548 1586973562 1582046131 1182252869 1277467506 1249412760 1210225775 1283231972 1568519886 1764512406 2768866884 2919347967 3034012793 3287996737 2652227233 2741880154 3205195182 3407651880 3560302704 3786928102 3621853547 3960758104 4288693212 4512216154 4475513794 3789452693
1 Country Name Fiji
2
Indicator Name GDP (current $US)
112328422.1
3 1960
4 1961
116987784.9
5 1962
122906435
6 1963
7 1964
8 1965
9 1966
10 1967
11 1968
12 1969
13 1970
14 1971
15 1972
16 1973
17 1974
18 1975
19 1976
20 1977
21 1978
22 1979
23 1980
24 1981
25 1982
26 1983
27 1984
28 1985
29 1986
30 1987
31 1988
129454728.6
140032741.5
147084750
150603925.5
162625885.9
166952937.1
182182067.7
219878482.2
247749327.7
316650509
425963359.4
558589870.9
684268280.8
694552411.7
719533137.1
829239489.8
1019743927
1202567359
1235665809
1194122694
1123107276
1177997414
1141123440
1290228617
1177908192
1109976928
D
Fiji
Fiji
Goods exports (BoP, Net official development
current US$)
270166705.2
373561368.6
314722248.9
286943410.2
240919470.5
258092426.1
235272870.5
275849081.9
328494000.5
372869703
assistance received (constant
10739999.77
9640000.343
100040000.9
40389999.39
30329999.92
36250000
32529998.78
22010000.23
51630001.07
69809997.56
50950000.76
69040000.92
50259998.32
78129997.25
68849998.47
84099998.47
106489997.9
92040000.92
87709999.08
91150001.53
89059997.56
99800003.05
88430000.31
84680000.31
82709999.08
86650001.53
94989997.86
69120002.75
92470001.22
Fiji
External debt stocks,
total (DOD, current US$)
11665440
14810208.6
20721484.6
47197248
54507121.5
59299120.5
63899866.3
120597359.1
103213454.6
141674748.1
216321921.5
276430731.2
302393413.9
332406077.7
314560182.5
335680653.4
339619142.3
364679007.7
370909718.9
Fiji
Military
expenditure
413396.8127
535616.7685
787703.1062
931727.0694
1353022.08
2056253.749
2751430.02
3651464.946
7239265.398
9572320.678
10367191.75
11361681.76
14939154.85
15102947.83
15601330.13
14008928.96
14591259.37
25131445.66
24673835.53
G
Fiji
Final consumption
expenditure (current
894127139.4
974782354.3
952826040.3
963401179.9
959728431.6
945310332.9
993748786.3
976570463.9
948710060.8
Transcribed Image Text:1 Country Name Fiji 2 Indicator Name GDP (current $US) 112328422.1 3 1960 4 1961 116987784.9 5 1962 122906435 6 1963 7 1964 8 1965 9 1966 10 1967 11 1968 12 1969 13 1970 14 1971 15 1972 16 1973 17 1974 18 1975 19 1976 20 1977 21 1978 22 1979 23 1980 24 1981 25 1982 26 1983 27 1984 28 1985 29 1986 30 1987 31 1988 129454728.6 140032741.5 147084750 150603925.5 162625885.9 166952937.1 182182067.7 219878482.2 247749327.7 316650509 425963359.4 558589870.9 684268280.8 694552411.7 719533137.1 829239489.8 1019743927 1202567359 1235665809 1194122694 1123107276 1177997414 1141123440 1290228617 1177908192 1109976928 D Fiji Fiji Goods exports (BoP, Net official development current US$) 270166705.2 373561368.6 314722248.9 286943410.2 240919470.5 258092426.1 235272870.5 275849081.9 328494000.5 372869703 assistance received (constant 10739999.77 9640000.343 100040000.9 40389999.39 30329999.92 36250000 32529998.78 22010000.23 51630001.07 69809997.56 50950000.76 69040000.92 50259998.32 78129997.25 68849998.47 84099998.47 106489997.9 92040000.92 87709999.08 91150001.53 89059997.56 99800003.05 88430000.31 84680000.31 82709999.08 86650001.53 94989997.86 69120002.75 92470001.22 Fiji External debt stocks, total (DOD, current US$) 11665440 14810208.6 20721484.6 47197248 54507121.5 59299120.5 63899866.3 120597359.1 103213454.6 141674748.1 216321921.5 276430731.2 302393413.9 332406077.7 314560182.5 335680653.4 339619142.3 364679007.7 370909718.9 Fiji Military expenditure 413396.8127 535616.7685 787703.1062 931727.0694 1353022.08 2056253.749 2751430.02 3651464.946 7239265.398 9572320.678 10367191.75 11361681.76 14939154.85 15102947.83 15601330.13 14008928.96 14591259.37 25131445.66 24673835.53 G Fiji Final consumption expenditure (current 894127139.4 974782354.3 952826040.3 963401179.9 959728431.6 945310332.9 993748786.3 976570463.9 948710060.8
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