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Remark: Pick a significance level of 0.05. 1. The inflation rates of five countries are given in the table. A. Draw the inflation rates
Remark: Pick a significance level of 0.05. 1. The inflation rates of five countries are given in the table. A. Draw the inflation rates of all countries to determine trends. B. Find correlations between countries. C. Based on correlation coefficients, which two countries can be represented by a regression model? And find the regression model. D. Investigate error terms. E. Find R2 and interpret. F. Draw the graph between the error term and dependent variable and interpret. G. Test the parameters of the regression coefficients. Year USA England Japan Germany France 1960 1.5 1.0 3.6 1.5 3.6 1961 1.1 3.4 5.4 2.3 3.4 1962 1.1 4.5 6.7 4.5 4.7 1963 1.1 2.5 7.7 3.0 4.8 1964 1.2 3.9 3.9 2.3 3.4 1965 1.4 4.6 6.5 3.4 2.6 1966 1.6 3.7 6.0 3.5 2.7 1967 2.8 24 4.0 1.5 2.7 1968 2.8 4.8 5.5 1.8 4.5 1969 4.2 5.2 5.1 2.6 6.4 1970 5.0 6.5 7.6 3.7 5.5 1971 6.9 9.5 6.3 53 5.5 1972 4.3 6.8 4.9 5.4 5.9 1973 3.6 8.4 12.0 7.0 7.5 1974 10.9 16.0 24.6 7.0 14.0 1975 9.2 24.2 11.7 5.9 11.7 1976 5.8 16.5 9.3 4.5 9.6 1977 6.4 15.9 8.1 3.7 9.4 1978 7.6 8.3 3.8 2.7 9.1 1979 11.4 13.4 3.6 4.1 10.7 1980 13.6 18.0 8.0 5.5 13.3
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