Gross Domestic Product

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Gross Domestic Product

Regression Analysis

Final Research Proposal

by

Martin F. Thompson

Summer , 2011

TABLE OF CONTENTS

Purpose Statement and Model 1

Definition of Variables 1

Resource #1 7

Resource #2 7

Data Description 8

Presentation and Interpretation of Results 9

Multiple Regression Equation 9

The multiple regression indicators 10

F-Test 10

T-Test 11

Multiple Regression Requirements 11

Multicollinearity 15

Additional Information 15

Summary 15

Works Cited Page 17

Research Topic Proposal

Purpose Statement

This research paper will look at the Gross Domestic Product as it was presented to the President of the United States covering the years of 1962 through 2010. The data was listed on table B-1 of the President’s report and meets the requirements to use a government report that has at least 4 independent variables which effect one dependent variable and that there is at least 49 rows of data. The report was found on the web site:

www.gpoaccess.gov/eop/download.html

GDP was selected for analysis because it is a comprehensive scorecard of the country’s economic health.  It represents the total value of the country’s production and consists of purchases of domestically produced goods and services by individuals, businesses, foreigners, and the government.

In this analysis, the Gross Domestic Product (GDP) is the dependent variable and is determined by the independent variables personal consumption (T-Exp), gross private domestic investment (T-Inv), net exports (N-Exp), and government consumption...