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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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