Question
Is economic growth in the developing world related to growth in the industrialized countries? The output of a regression analysis that related growth (in %
Is economic growth in the developing world related to growth in the industrialized countries? The output of a regression analysis that related growth (in % of Gross Domestic Product) of the developing countries to the growth of developed countries from 1970 to 2007 is given below. Complete parts a through f.
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Part 1
a) | Write the equation of the regression line. Choose the correct answer below. |
A.
Growth(DevelopedCountries)=3.66+0.442Growth
(Developing Countries)
B.
Growth(DevelopingCountries)=3.66+0.442Growth
(Developed Countries)
C.
Growth(DevelopingCountries)=0.442+3.66Growth
(Developed Countries)
D.
Growth(DevelopedCountries)=0.442+3.66Growth
(Developing Countries)
Dependent variable: Growth Developing Countries
R2=20.67%
VariableCoefficientIntercept3.66Growth Developed Countries0.442
s=1.465
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