The Organization for Economic Cooperation and Development (OECD) is an organization comprised of thirty countries. To belong,

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The Organization for Economic Cooperation and Development (OECD) is an organization comprised of thirty countries. To belong, a country must sup-port the principles of representative democracy and a free market economy. How have these countries grown in the decade from 1988 to 1998€“ 2000? Here are the GDP per capita for 24 of the OECD members (in year 2000 dollars). (www.sba.gov/advo/research/(www.sba.gov/advo/research/rs264tot.pdf)
The Organization for Economic Cooperation and Development (OECD) is an

Make a model of 1998€“ 2000 GDP/ Capita in terms of 1988 GDP/ Capita. Plot the residuals and discuss any concerns you may have.

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Business Statistics

ISBN: 9780321925831

3rd Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

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