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Answer the following: a) What is your analysis with the summary output of regression regarding the relationship of the factors/economy indicators (mortality rate, ofw remittances

Answer the following: a) What is your analysis with the summary output of regression regarding the relationship of the factors/economy indicators (mortality rate, ofw remittances and foreign direct investment to Gross Domestic Product (GDP). Explain why these factors are really important and affect GDP. b) What are your findings? Are these factors really affect GDP? Interpret each of the coefficient. c) Write the conclusion. Are these factors signifant or not and does the hypothesis rejected or fail to reject? d) What recommendations can you recommend after you see your findings?

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Year Mortality Rate OFW Remittances FDI GDP Nominal GDP Real 2008 5.483 2.960 1.340 181.010 499493 2009 5.541 2.89 2.065 176.130 505230 2010 5.6 2.946 1.070 208.370 543790 2011 5.658 1.723 2.007 234.220 563692 2012 5.717 3,455 3.215 261.920 601378 2013 5.775 3.405 3.737 283.900 643849 2014 5.786 3.614 5.740 297.480 683415 SUMMARY OUTPUT 2015 5.797 3.762 5.639 306.450 724875 2016 5.809 4.236 8.280 318.630 774775 Regression Statistics 2017 5.82 4.282 10.256 328.480 826511 Multiple R 0.9671451 2018 5.831 4.922 9.949 346.840 878117 R Square 0.9353696 2019 5.9 4.421 7.685 376.800 929974 Adjusted RS 0.9138261 2020 5.968 0.693 6.400 362.240 852786 Standard Err 43544.911 (in Billion $) (in Billion $) (in Billion $) (in Million $) Observation 13 ANOVA SS MS F Significance F Regression 3 2.56+11 8.26+10 43.4178 1.116726-05 Residual 9 1.7E+10 1.96+09 Total 12 2.6E+11 Coefficients andard Err t Stat P-value Lower 95% Upper 95%% Lower 95.0%% Upper 95.0% Intercept -2717664 987955 -2.7508 0.02245 -4952572.53 -482755.4373 -4952572.53 -482755.437 Mortality Ra 571674.46 173596 3.29314 0.00933 178973.476 964375.453 178973.476 964375.453 OFW Remitt 4549.3989 15847 0.28708 0.78055 -31299.0047 40397.80245 -31299.0047 40397.8025 FDI 21741.084 8978.03 2.42159 0.03851 1431.367363 42050.80068 1431.36736 42050.8007

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