The accompanying scatter plot shows the growth (in Gross Domestic Product) of th

Question

The accompanying scatter plot shows the growth (in Gross Domestic Product) of the developing countries vs the growth of developed countries for a particular region. Each points represents one of the years from 1965 to 2006. The output of a regression analysis follows the scatter plot and the output of the regression analysis. Questions. A. Check the assumptions and conditions for the linear model. What assumptions and conditions are met? B. Explain the R2 in this context. C. What are the cases in this model.

Explanation / Answer

A. Check the assumptions and conditions for the linear model. What assumptions and conditions are met?

the conditions that are met are that it has aintercept and 1 variable

B)

R2 = 19.19%

that means that the 19.19% of the variation of the model is explained by the regression

C)

cases are countries

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