Doing business internationally is no longer something reserved for the largest companies. In fact, mediumsize and, in
Question:
Doing business internationally is no longer something reserved for the largest companies. In fact, mediumsize and, in some cases, even small companies are finding themselves with the opportunity to do business internationally. One factor that will be important for world trade is the growth rate of the population of the world’s countries. The data file called Countries contains data on the 2000 population and the growth rate between 1990 and 2000 for 74 countries throughout the world. Based on these data, which countries had growth rates that exceeded 2 standard deviations higher than the mean growth rate? Which countries had growth rates more than 2 standard deviations below the mean growth rate?
Step by Step Answer:
Business Statistics A Decision Making Approach
ISBN: 9780136121015
8th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry, Kent D. Smith