Country Birth rate GNP Growth Income ratio Bangladesh 47 140 0.3 Tanzania 1.9 0.4 -1.3 47 280 Sierra Leone 46 320 47 380 55 380 2.9 35 530 4.1 30 1910 3.1 Panama Chile 25 2560 0.7 Venezuela 35 4220 2.4 Turkey 33 1540 3.5 Malaysia 31 1840 4.3 Nepal 44 150 0 Malawi 56 200 2.7 Argentina 20 2560 1.9 Sudan Kenya Indonesia 2.3 3.2 3.3 3.9 6.8 3.4 8.6 3.8 4.9 4.9 5 4.7 2.4 3.6 a. Using the data above, estimate a single regression model of the birth rate explained by GNP or the growth rate or the income ratio. Comment upon: i. the sizes and signs of the coefficients, ii. the significance of the coefficients, b. Write and explain your model? c. What other possible explanatory variables do you think it might be worth investigating?

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100%
Country Birth rate GNP Growth Income ratio
Bangladesh 47 140 0.3
Tanzania
47
280
1.9
Sierra Leone 46
320
0.4
47 380 -1.3
55 380
2.9
35
530
4.1
30
1910
3.1
25
2560 0.7
35
4220 2.4
33 1540 3.5
31
1840 4.3
0
44 150
56 200 2.7
Argentina 20 2560 1.9
Sudan
Kenya
Indonesia
Panama
Chile
Venezuela
Turkey
Malaysia
Nepal
Malawi
2.3
3.2
3.3
3.9
6.8
3.4
8.6
3.8
4.9
4.9
5
4.7
2.4
3.6
a. Using the data above, estimate a single regression model of
the birth rate explained by GNP or the growth rate or the
income ratio. Comment upon:
i. the sizes and signs of the coefficients,
ii. the significance of the coefficients,
b. Write and explain your model?
c. What other possible explanatory variables do you think it
might be worth investigating?
Transcribed Image Text:Country Birth rate GNP Growth Income ratio Bangladesh 47 140 0.3 Tanzania 47 280 1.9 Sierra Leone 46 320 0.4 47 380 -1.3 55 380 2.9 35 530 4.1 30 1910 3.1 25 2560 0.7 35 4220 2.4 33 1540 3.5 31 1840 4.3 0 44 150 56 200 2.7 Argentina 20 2560 1.9 Sudan Kenya Indonesia Panama Chile Venezuela Turkey Malaysia Nepal Malawi 2.3 3.2 3.3 3.9 6.8 3.4 8.6 3.8 4.9 4.9 5 4.7 2.4 3.6 a. Using the data above, estimate a single regression model of the birth rate explained by GNP or the growth rate or the income ratio. Comment upon: i. the sizes and signs of the coefficients, ii. the significance of the coefficients, b. Write and explain your model? c. What other possible explanatory variables do you think it might be worth investigating?
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