Question
The economic dynamism, which is the index of productive growth in dollars for countries that are designated by the World Bank as middle-income are in
The economic dynamism, which is the index of productive growth in dollars for countries that are designated by the World Bank as middle-income are in table #7.3.8 ("SOCR data 2008," 2013).Countries that are considered high-income have a mean economic dynamism of 60.29.Do the data show that the mean economic dynamism of middle-income countries is less than the mean for high-income countries?Test at the 5% level.
Table #7.3.8: Economic Dynamism of Middle Income Countries
25.8057
41.1648
49.1361
50.9866
37.4511
38.0793
61.9281
59.1724
51.915
37.7251
41.9543
39.6282
43.6952
39.6553
44.9346
33.6074
47.8506
42.0265
46.0521
21.6643
43.7178
48.6159
48.3652
58.0767
43.8555
43.6252
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