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The index of deflated turnover for retail trade shows the activity in volume of the retail trade sector. This index is reported with 2005=100. The
The index of deflated turnover for retail trade shows the activity in volume of the retail trade sector. This index is reported with
2005=100.
The accompanying table holds the index for 43 countries for the years 2007 and 2010. Complete parts a) through d).
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Country | Index_2007 | Index_2010 | ||
1 | 109.5 | 116.2 | ||
2 | 102.9 | 106.1 | ||
3 | 134.5 | 169.7 | ||
4 | 103.7 | 104.4 | ||
5 | 134.4 | 125.4 | ||
6 | 111.3 | 119.3 | ||
7 | 90.7 | 135.2 | ||
8 | 116.2 | 123.8 | ||
9 | 115.9 | 118.6 | ||
10 | 116.5 | 119.1 | ||
11 | 103.1 | 93.6 | ||
12 | 130.1 | 101.5 | ||
13 | 110.5 | 111.1 | ||
14 | 106.7 | 112.2 | ||
15 | 99.5 | 97.1 | ||
16 | 111.7 | 93.4 | ||
17 | 102.6 | 93.9 | ||
18 | 116.4 | 78.1 | ||
19 | 115.8 | 106.6 | ||
20 | 101.2 | 97.3 | ||
21 | 99.5 | 101.2 | ||
22 | 109.2 | 121.4 | ||
23 | 139.6 | 92.1 | ||
24 | 122.1 | 92.6 | ||
25 | 108.1 | 122.7 | ||
26 | 104.1 | 104.3 | ||
27 | 104.8 | 104.7 | ||
28 | 107.6 | 101.4 | ||
29 | 108.5 | 103.2 | ||
30 | 112.7 | 117.3 | ||
31 | 123.8 | 142.3 | ||
32 | 101.2 | 99.1 | ||
33 | 111.1 | 143.1 | ||
34 | 143.7 | 148.1 | ||
35 | 132.2 | 151.7 | ||
36 | 114.4 | 109.8 | ||
37 | 109.2 | 108.9 | ||
38 | 119.4 | 120.7 | ||
39 | 104.7 | 91.8 | ||
40 | 106.8 | 111.9 | ||
41 | 107.2 | 113.9 | ||
42 | 108.3 | 111.9 | ||
43 | 102.4 | 94.5 |
Question content area bottom
Part 1
a) Find a regression model predicting the 2010 index from the index in 2007 for the sample of 43 countries.
2010 index= enter your response here + enter your response here 2007index
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