=+54. U.S. Gross Domestic Product. The U.S. Bureau of Economic Analysis provides information on the Gross Domestic
Question:
=+54. U.S. Gross Domestic Product. The U.S. Bureau of Economic Analysis provides information on the Gross Domestic Product (GDP) in the United States by state (www.bea.gov). The Bureau recently released figures that showed the real GDP by state for 2007. Using the data in the table below examine if GDP and Region of the country are independent. (Alaska and Hawaii are part of the West Region. D.C is included in the Mideast Region.)
GDP Top 40% Bottom 60% Total West (Far West, Southwest, and
Rocky Mtn.)
5 10 15 Midwest (Great
Lakes and Plains States)
5 7 12 Southeast 5 7 12 Northeast
(Mideast and New
England States)
5 7 12 Total 20 31 51 M14_SHAR8696_03_SE_C14.indd 504 14/07/14 7:30 AM Exercises 505
Step by Step Answer:
Business Statistics Plus Pearson Mylab Statistics With Pearson Etext
ISBN: 978-1292243726
3rd Edition
Authors: Norean R Sharpe ,Richard D De Veaux ,Paul Velleman