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Need help understanding Using Assignment II data set, answer the following using excel: Generate the output for the whole sample, ( 20 points ) List
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Using Assignment II data set, answer the following using excel:
- Generate the output for the whole sample, (20 points)
- List the independent variables that are insignificant? (10 points)
- Plot and briefly discuss the residual. (20 points)
- Does the data set represent a homogenous sample? If not, explain. (10 points)
- What are the implication of a non-homogenous sample? (10 points)
- How would you fix the issue of sample non-homogeneity? (10 points)
- Show your work for number 6. (20 points)
Variables in the file are:
GDP per capita growth (annual %) =gdpg
Gross fixed capital formation (% of GDP)= inv
Population growth (annual %)=pop
Government expenditure on education, total (% of GDP)=gov
Trade (% of GDP)=tr
SUMMARY OUTPUT SUMMARY OUTPUT
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