Question
A researcher hypothesizes that the Gross Domestic Product (measured in millions of dollars) of a country is impacted by its percent Urban Population (measured as
A researcher hypothesizes that the Gross Domestic Product (measured in millions of dollars) of a country is impacted by its percent Urban Population (measured as % of population living in Urban Areas), the region it is located in (Asia, Africa, Americas, Middle East or Europe), its yearly military expenditure (measured in millions of dollars), whether it is shares a border with its major trading partner (measured as 0 for no and 1 for yes). decide, given the above, whether it isĀ
1) categorical or numeric , 2) Nominal, Ordinal or Interval and 3) Dependent or Independent variable .
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1 Categorical or Numeric Gross Domestic Product GDP Numeric measured in millions of dollars Percent ...Get Instant Access to Expert-Tailored Solutions
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Get StartedRecommended Textbook for
Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
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