2 3 4 5 6 7 8 9 A Year 10 11 B DOD_constant_prices 8 576 565 318 13 985 589 297 13 745 785 564 19 367 806 785 20 048 435 168 21 531 303 308 23 801 492 181 24 565 473 847 24 312 604 995 22 891 238 389 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 600 coDatages GDP_constant_prices 601 151 255 185 638 289 676.956 685 354 686 182 739 770 351 924 785 064 721 243 819 908 313 666 878 913 638 104 915 418 831 028 958 588 432 459 1 008 901 615 570 Population Savings_constant_prices 17 524 533 149 786 414 593 164 882 736 980 192 644 639 170 197 970 932 236 214 496 438 166 17 965 733 18 423 157 18 896 303 19:384 838 19 888 259 20 406 863 20 942 147 21 496 075 22 069 783 226 880 011 555 261 235 889 793 256 926 462 022 267 278 703 594 259 587 410 208 355.33 130 CCC OCE WordDC 335 336 316 313 302 333 362 346 333 307 300

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question

1. interpret the following dataset, individual first, then discus as collective..

 

L73
1
2
3
4
5
A
Year
6
7
8
9
10
11
SELE
Ready
THE
E
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
L
784
B--
DOD_constant_prices
8 576 565 318
13 985 589 297
13 745 785 564
19 367 806 785
20 048 435 168
21 531 303 308
23 801 492 181
24 565 473 847
24 312 604 995
22 891 238 389
AND NOT 08
Ec6342DataGets
=CORREL(B2:8601L2:160)
Diff Mose
GDP_constant_prices
601 151 255 185
638 289 676 956
685 354 686 182
739 770 351 924
785 064 721 243
819 908 313 666
878 913 638 104
915 418 831 028
958 588 432 459
1 008 901 615 570
1652070 317
N
Population
17 524 533
17 965 733
18 423 157
18 896 303
19 384 838
19 888 259
20 406 863
20 942 147
21 496 075
22 069 783
bocor OCE
Savings_constant_prices WordDC
335
Formula Bar
149 786 414 593
164 882 736 980
192 644 639 170
197 970 932 236
214 496 438 166
226 880 011 555
261 235 889 793
256 926 462 022
267 278 703 594
259 587 410 208
110
234 135
CEC
19°C Partly cloudy4 ENG
336
316
313
302
333
362
346
333
307
300
09:28
2022/10/17
2105
Transcribed Image Text:L73 1 2 3 4 5 A Year 6 7 8 9 10 11 SELE Ready THE E 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 L 784 B-- DOD_constant_prices 8 576 565 318 13 985 589 297 13 745 785 564 19 367 806 785 20 048 435 168 21 531 303 308 23 801 492 181 24 565 473 847 24 312 604 995 22 891 238 389 AND NOT 08 Ec6342DataGets =CORREL(B2:8601L2:160) Diff Mose GDP_constant_prices 601 151 255 185 638 289 676 956 685 354 686 182 739 770 351 924 785 064 721 243 819 908 313 666 878 913 638 104 915 418 831 028 958 588 432 459 1 008 901 615 570 1652070 317 N Population 17 524 533 17 965 733 18 423 157 18 896 303 19 384 838 19 888 259 20 406 863 20 942 147 21 496 075 22 069 783 bocor OCE Savings_constant_prices WordDC 335 Formula Bar 149 786 414 593 164 882 736 980 192 644 639 170 197 970 932 236 214 496 438 166 226 880 011 555 261 235 889 793 256 926 462 022 267 278 703 594 259 587 410 208 110 234 135 CEC 19°C Partly cloudy4 ENG 336 316 313 302 333 362 346 333 307 300 09:28 2022/10/17 2105
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