8DENNLDCAN AUSAUTCHE7.5NORISRFINSWEFRABEL7МЕХUSAKORISLGBRIRL1 CHLDEU6.5CZEESPITA"SVNJAPISVKPOL5.5ESTPRTGRC5HUN4.5100002000030000400005000060000GDP per capita PPP US$Figure 8 Life satisfactionin relation to GDP per capita for selected OECD countriesBased on data from OECD (2013)The graph in Figure 8 plots a variable Y against a variable X for 32 OECD countries using 2010-11 data.Variable Y is an indicator of life satisfaction in a country. Variable X is a measure of wealth (measured asGDP per person in US$ having taken into account the price level in each country). This question hastwo parts; please answer both part (i) and part (ii).i) By using Figure 8, the predicted values for life satisfaction for different countries may be ranked fromlowest value to highest value. Which one of the following options gives a correct ranking?Israel (ISR), Greece (GRC), Slovenia (SVN), Slovak Republic (SVK)Slovak Republic (SVK), Slovenia (SVN), Greece (GRC), Israel (ISR)Greece (GRC), Slovak Republic (SVK), Slovenia (SVN), Israel (ISR)Slovak Republic (SVK), Israel (ISR), Slovenia (SVN), Greece (GRC)Average score of life satisfaction

The scatter plot is a visual representation of relationship between two scale variables.

Answered: i) By using Figure 8, the predicted…

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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i) By using Figure 8, the predicted values for life satisfaction for different countries may be ranked from lowest value to highest value. Which one of the following options gives a correct ranking?