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1_ How do you calculate the covariances of the GDPsprovided below? Please provide all the equations used and all the details. 2_ Extrapolate the GDP
1_ How do you calculate the covariances of the GDPsprovided below? Please provide all the equations used and all the details.
2_ Extrapolate the GDP for 2021 for USA and Canada. Provide details and all equations used (if any).
GDP of USA and Canada for the past 10 years:
USA >> 6.12 - 7.05 - 8.40 - 8.0 - 7.50 - 6.39 - 5.46 - 5.24 - 8.50 - 7.20
Canada >> 8.15 - 7.85 - 7.30 - 7.11 - 6.55 - 6.06 - 6.01 - 6.55 - 6.46 - 5.20
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