Question
A foreign investor is interested in entering an economic sector of the Dominican Republic, for this he selected 5 sectors and thus evaluate their behavior.
A foreign investor is interested in entering an economic sector of the Dominican Republic, for this he selected 5 sectors and thus evaluate their behavior. This was based on data from the Central Bank of the R. D. according to the report of the Dominican economy Jan-Dec 2002 of gross domestic product (GDP) during the years 1996-2002. These sectors grew as follows:
CENTRAL BANK OF THE DOMINICAN REPUBLIC
Department of National Accounts and Economic Statistics
GROSS DOMESTIC PRODUCT BY SECTORS OF ORIGIN 1996-2002
Millions of RD $
SECTORS 1996 1997 1998 1999 2000 2001 2002
CONSTRUCTION 702.1 826.2 872.8 876.9 904.9
COMMERCE 603.9 664.2 743.3 805.7 875.8 885.0 915.1
COMMUNICATIONS 185.7221.5266.7 308.3 355.7442.0 518.9
ELECTRICITY 106.0 120.7 130.5 139.5 165.1 178.0
FINANCE 228.8 236.2 245.7 256.0 264.4 271.9 279.7
GROWTH RATES (%)
SECTORS 97/96 98/97 99/98 00/99 01/00 02/01
CONSTRUCTION 17.7 5.6 0.5 3.2
COMMERCE 10.0 11.9 8.4 8.7 1.1 3.4
COMMUNICATIONS 19.3 20.4 15.6 15.4 24.2 17.4
ELECTRICITY 13.8 8.1 7.0 18.3 7.8
FINANCE 3.2 4.0 4.2 3.2 2.8 2.9
1. Based on the average percentage growth rate of each sector, in which sectors would you recommend investing?
2. Make a time series diagram that represents all the sectors simultaneously
Step by Step Solution
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There are 3 Steps involved in it
Step: 1
1 Calculate the average annual growth rate for each sector between the years shown Construction 1...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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