Question
Assume that you are a research analyst in a business firm. Your team leader has given you a research task to investigate whether economic growth
Assume that you are a research analyst in a business firm. Your team leader has given you a research task to investigate whether economic growth affects CO2 emissions.
For this purpose, suppose that you have collected sample data on GDP annual growth rate and CO2 emissions (in kilo tonnes) in Australia between 1960-2018 from the World Bank Open Data (https://data.worldbank.org/). The data are GIVEN BELOW. Using this data set and EXCEL, and no more than 1000 words in total (including Q5) answer the following questions.
Using appropriate graphical descriptive techniques (in Excel):
(a) describe the trend of two data series, GDP growth and CO2 emissions.
(b) analyse the relationship between the two variables, GDP growth and CO2 emissions.
(4 marks)
| GDP growth | CO2 emissions (kt) | |
| 1961 | 2.485769492 | 90589.568 |
| 1962 | 1.296087352 | 94912.961 |
| 1963 | 6.214630395 | 101029.517 |
| 1964 | 6.978522159 | 108979.573 |
| 1965 | 5.983505989 | 120966.996 |
| 1966 | 2.382458423 | 120332.605 |
| 1967 | 6.30262019 | 129265.417 |
| 1968 | 5.0958138 | 134622.904 |
| 1969 | 7.044329321 | 142257.598 |
| 1970 | 7.172186576 | 147618.752 |
| 1971 | 4.003683534 | 152774.554 |
| 1972 | 3.91252353 | 157486.649 |
| 1973 | 2.613723151 | 170992.21 |
| 1974 | 4.103362161 | 172356.334 |
| 1975 | 1.349916787 | 175883.988 |
| 1976 | 2.5876962 | 174244.839 |
| 1977 | 3.597427567 | 187787.07 |
| 1978 | 0.896879846 | 202015.03 |
| 1979 | 4.043486692 | 205069.641 |
| 1980 | 3.034245871 | 220746.066 |
| 1981 | 3.337768138 | 230360.94 |
| 1982 | 3.328441934 | 234119.615 |
| 1983 | -2.220470122 | 225003.453 |
| 1984 | 4.581297219 | 236594.84 |
| 1985 | 5.249329609 | 241229.928 |
| 1986 | 4.037528851 | 239964.813 |
| 1987 | 2.551170459 | 256106.947 |
| 1988 | 5.743381585 | 261145.405 |
| 1989 | 3.861173516 | 277771.583 |
| 1990 | 3.570998147 | 263600 |
| 1991 | -0.3978177 | 264710 |
| 1992 | 0.412184701 | 268360 |
| 1993 | 4.029906461 | 272360 |
| 1994 | 3.983890153 | 278670 |
| 1995 | 3.837755293 | 289010 |
| 1996 | 3.878585293 | 299590 |
| 1997 | 3.966537662 | 306770 |
| 1998 | 4.576688759 | 327660 |
| 1999 | 5.073599095 | 333040 |
| 2000 | 3.933136945 | 338810 |
| 2001 | 1.930857592 | 344960 |
| 2002 | 4.001404062 | 352890 |
| 2003 | 2.985934322 | 351990 |
| 2004 | 4.055451968 | 365270 |
| 2005 | 3.204269793 | 369510 |
| 2006 | 2.794537024 | 375060 |
| 2007 | 3.844230316 | 385370 |
| 2008 | 3.657953526 | 388500 |
| 2009 | 1.93699392 | 394950 |
| 2010 | 2.067417128 | 387350 |
| 2011 | 2.462756312 | 385770 |
| 2012 | 3.918162871 | 385770 |
| 2013 | 2.584897702 | 379270 |
| 2014 | 2.533114665 | 369880 |
| 2015 | 2.192647426 | 375970 |
| 2016 | 2.770652197 | 383960 |
| 2017 | 2.300610624 | 387200 |
| 2018 | 2.949285772 | 386620 |
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Elementary Number Theory
Authors: James K Strayer
1st Edition
1478618507, 9781478618508
