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Xi Yi Country Money Supply Growth Rate Inflation Rate Australia 11.6696 6.7696 Canada 9.15% 5.1996 New Zealand 10.6096 8.1596 Switzerland 5.7596 3.3996 United Kingdom 12.58%

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Xi Yi Country Money Supply Growth Rate Inflation Rate Australia 11.6696 6.7696 Canada 9.15% 5.1996 New Zealand 10.6096 8.1596 Switzerland 5.7596 3.3996 United Kingdom 12.58% 7.5896 United States 6.3496 5.09% Average 0.356 6.0396 Calculate the covariance and correlation of Money Supply Growth Rate and Inflation Rate. = Test the null hypothesis, Ho, that the true correlation in the population is 0 (p = 0) against the alternative hypothesis, Ha, that the correlation in the population is different from 0 (p =0) at the 10,5 and 1 % levels of significance. Solve the linear regression equation step by step for bihat and bohat. Compute the Standard Error of Estimate. Calculate the coefficient of determination for the regression using: Total variation Unexplained variation Total variation Xi Yi Country Money Supply Growth Rate Inflation Rate Australia 11.6696 6.7696 Canada 9.15% 5.1996 New Zealand 10.6096 8.1596 Switzerland 5.7596 3.3996 United Kingdom 12.58% 7.5896 United States 6.3496 5.09% Average 0.356 6.0396 Calculate the covariance and correlation of Money Supply Growth Rate and Inflation Rate. = Test the null hypothesis, Ho, that the true correlation in the population is 0 (p = 0) against the alternative hypothesis, Ha, that the correlation in the population is different from 0 (p =0) at the 10,5 and 1 % levels of significance. Solve the linear regression equation step by step for bihat and bohat. Compute the Standard Error of Estimate. Calculate the coefficient of determination for the regression using: Total variation Unexplained variation Total variation

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