1. Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period. As such, it also measures the income earned from that production, or the total amount spent on final goods and services (less imports). From the year 2008 - 2020, collect relevant data on mortality rate, OFW remittances, and foreign direct investment as factors affecting GDP. Make sense of the hidden knowledge in the data by utilizing the learnings you have in this statistics course. Present your analyses/findings /conclusions/ recommendations in a formal way as if it is being presented by a Policy Maker.
2. You were given the task to monitor the required "weight standard" of a particular product (i.e. Sardines or Liver Spread with daily production output of about 100,000 units). The company will be renewing its DTI permit in the coming months and has to prove that the product weight-standard is 0.05% from the standard; this proof will also be used for the company's aspiration to be ISO certified. With the help of Statistical Process Control, make an output showing your step-by-step work/plan (to include but not limited to - sampling design, acceptable weight range, risk assessment, recommendations, etc.). Use 5% to 6% sample size of the daily production output. You shall be required to make sense of the results of the study which shall be presented to the Board of Directors and Shareholders of the company.