Mr Justus

Introduction 2

GDP/Capita 2

Literacy Rate 5

Life Expectancy 5

Probability 7

Correlation Coefficient 8

Chi Square 12

Hypothesis Test 12

Conclusion 13

Reference…………………………………………………...........14

Appendix 14

Data Analysis of the World Nations Database, 1999

Introduction

The information provides detailed levels of development and statistical data of World Nations in 1999. The data comprises of different variables that is GDP/Capita, literacy rate levels, life expectancy, arable land, urban population, agricultural labour, electricity/capita, built roads/1000 people and Population under 14

We used the available data to interpret the techniques learnt in this module, and we are compared the relationship between the mean, mode, median, standard deviation, skew etc of the given data. In the view of the differences in development levels, comparisons have also been made between the given groups provided. The relationship between the related variables on the data will provide some assumption or conclusions on the trends in each given group.

This report will therefore help us to present an analytical interpretation of economic positions of the groups of countries, their differences and/or their similarities using data analysis techniques.

GDP/Capita

The GDP of a country is defined as the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every stage of production of all final goods and services produced within a country in a given period of time.

Gross Domestic Product is one of the ways for measuring the size of its economy. The tables and graphs below shows the GDP/capita for the four groups of countries in the provided Word Nations Database of 1999. From the table below we passed the information from the database into excel to give us the value of mean, median, standard Deviation, skew, the...