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Q3(bi and bii) . response rate of 0.96325 - 96.33% . Ether . response rate of 0.96325 = No appropriate answers proportion of Orthodox Christians

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Q3(bi and bii) . response rate of 0.96325 - 96.33% . Ether . response rate of 0.96325 = No appropriate answers proportion of Orthodox Christians that 96.33% OR . proportion of Orthodox 0 points got insured is 69.0%. Christians that got insured is 69.0%. 4 points 2 points Q3(bili to bv ) . Two . TWO . Appropriate . Appropriate Ether . One . chi-square test No appropriate requirements Requirements Null and Null and requirement for statistic is answers for using chi- for using chi- alternative alternative using chi-square 421.649 0 points square test . square test . hypotheses: . hypotheses: OR test . Poor 1 points Appropriate Null Appropriate Null chi-square test . Two hypotheses and alternative and alternative statistic is requirements 2 points hypotheses: . hypotheses 421.649 for using chi- chi-square test 5 points 4 points square test . statistic is Poor 421.649 hypotheses 6 points 3 points Q3(bvi) Conclusion Appropriate Appropriate . Appropriate Appropriate Appropriate No appropriate Decision: Reject the Decision: Reject the Decision: Reject the Decision only: Decision only: answers null hypothesis. null hypothesis. null hypothesis. Reject the null Reject the null Appropriate .Appropriate Given that [ x) 0 points hypothesis hypothesis conclusion: conclusion: ^2(4, n = 23110) = significant 2 points 1 points significant 421.649, p = 0.000. association association 3 points between religious between religious denominations and denominations and health insurance health insurance status, Given that [ status. x1 ^2(4, n = 23110) 4 points = 421.649, p = 0.000. 5 pointsQUESTION THREE (b) In the neoclassical growth model for a closed economy, the saving rate is exogenous and equal to the ratio of investment to output. A higher saving rate raises the steady-state level of output per effective worker and thereby raises the growth rate for a given starting value of Gross Domestic Product (GDP). In any case, the growth of every nation depends on capital accumulation and subsequent investment. The rate of investment in any country could be influenced by both external and internal factors. A research student of UPSA investigated some of such factors in his project work. The study involves average ratios of real investment (private plus public) to real GDP over the period 1965-2018. The challenge of the student is how to interpret his results in Table 2. Table 2: A regression output of determinants of investment in Ghana Variable Coefficient Standard Error t-statistic P-value Secondary school enrolment 733 28.77 Democracy index 327 244 Life expectancy 1.12 0.000 Inflation rate -.769 -21.58 Government consumption ratio -.022 019 Fertility rate -.059 201 Terms-of-trade chmge .047 042 Interest rate 001 -3.29 cons -5.32 1.06 -4.99 0.000 Number of obs = 1,566 F(8, 1557) = 33899.34 Prob > F = 0.0000 R-squared = 0.9943 Adj R-squared = 0.9943 Root MSE = 1.0838 As a research student, you are required to assist the researcher by providing answers to the following questions: 1. identify the dependent and independent variables [2 marks] 1i. using 5% level of significance, identify and interpret the significant variables [6 marks] iii. comment on the appropriateness of the overall significance of the model [2 marks] TOTAL (20 MARKS)

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