Monday, August 12, 2019

Use r(which is a software) stata or excel to do the assignment

Use r(which is a software) stata or excel to do the - Assignment Example What relationship do you observe? Is this consistent with a model in which educatedlabor is a factor of production? Explain. As can be seen from the plot, the larger values in the horizontal axis are closely related to the larger values in the vertical axis. This indicates a positive association. Further there is a linear association between the data as shown by the trend line. A t-test of over 0.5 also shows that there is strong positive correlation. The strong correlation and positive relationship supports the factor that education is a factor of labor production in any country. As the education becomes strong, so does the labor production increases. As can be seen from the plot, the larger values in the horizontal axis are associated to the smaller values in the vertical axis. This indicates a negative association. Further there is a linear association between the data as shown by the trend line. A t-test of less than 0.5 also shows that there is strong negative correlation. The strong negative correlation and negative relationship supports the factor that education cannot be a factor influencing infant mortality. Even though infant mortality may increase there will is little chance for the association of the occurrence to the level of education in any given country. From the scatter plot, the larger values in the horizontal axis are associated to the larger values in the vertical axis. This indicates a positive association. Further there is a linear association between the data as shown by the trend line. A t-test of more than 0.5 also shows that there is strong negative correlation. The strong positive correlation and positive relationship supports the factor that gross domestic savings affects the level of education. A witnessed increased in domestic savings of any given country will insinuate higher level of education. As shown from the scatter plots, there is strong association between levels of education and production. First, the strong

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