Question
Year GDP % Change Year GDP % Change 1975 4084.4 1988 6368.4 4.17 1976 4311.7 5.57 1989 6591.8 3.51 1977 4511.8 4.64 1990 6707.9 1.76
Year GDP % Change Year GDP % Change 1975 4084.4 1988 6368.4 4.17 1976 4311.7 5.57 1989 6591.8 3.51 1977 4511.8 4.64 1990 6707.9 1.76 1978 4760.6 5.51 1991 6676.4 -0.47 1979 4912.1 3.18 1992 6880 3.05 1980 4900.9 -0.23 1993 7062.6 2.65 1981 5021 2.45 1994 7347.7 4.04 1982 4919.3 -2.03 1995 7543.8 2.67 1983 5132.3 4.33 1996 7813.2 3.57 1984 5505.2 7.27 1997 8159.5 4.43 1985 5717.1 3.85 1998 8515.7 4.37 1986 5912.4 3.42 1999 8875.8 4.23 1987 6113.3 3.40
| Year | GDP | % Change | Year | GDP | % Change |
| 1975 | 4084.4 | 1988 | 6368.4 | 4.17 | |
| 1976 | 4311.7 | 5.57 | 1989 | 6591.8 | 3.51 |
| 1977 | 4511.8 | 4.64 | 1990 | 6707.9 | 1.76 |
| 1978 | 4760.6 | 5.51 | 1991 | 6676.4 | -0.47 |
| 1979 | 4912.1 | 3.18 | 1992 | 6880 | 3.05 |
| 1980 | 4900.9 | -0.23 | 1993 | 7062.6 | 2.65 |
| 1981 | 5021 | 2.45 | 1994 | 7347.7 | 4.04 |
| 1982 | 4919.3 | -2.03 | 1995 | 7543.8 | 2.67 |
| 1983 | 5132.3 | 4.33 | 1996 | 7813.2 | 3.57 |
| 1984 | 5505.2 | 7.27 | 1997 | 8159.5 | 4.43 |
| 1985 | 5717.1 | 3.85 | 1998 | 8515.7 | 4.37 |
| 1986 | 5912.4 | 3.42 | 1999 | 8875.8 | 4.23 |
| 1987 | 6113.3 | 3.40 |
2a. Compute a 95% prediction interval for the %Change in GDP for the year 2000.
2b. Compare the interval against the sample data. Does the prediction interval seem to perform adequately?
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Ethical Obligations and Decision Making in Accounting Text and Cases
Authors: Steven Mintz, Roselyn Morris
4th edition
978-1259543470, 1259543471, 978-1259730191
