Question
Economics : Data are available for a number of countries in Central and South America and the Caribbean. The objective is to predict a country's
Economics: Data are available for a number of countries in Central and South America and the Caribbean. The objective is to predict a country's Gross Domestic Product (GDP) (in billions of U.S. dollars) from the information listed below.
y, GDP (in billions of U.S. dollars)x1, Moody's Rating (Coded 1 for "A" ratings, 0 otherwise)x2, Adj. Default Spread (as a percentage)x3, Wage and Salaries (as a percentage)x4, Corporate Profits (as a percentage)x5, Farmer's Income (as a percentage)
THE RAW DATA FOR THIS QUESTION ARE **NOT** AVAILABLE TO YOU. Use the output below to answer the following questions.
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