BSTAT 3321Describe a random sample of 30 countries

BSTAT 3321Describe a random sample of 30 countriesThe purpose of this project is to describe a random sample of 30 countries and infer to all of the countries in the world some characteristics. The following variables will be considered. Economy0. GDP per capita in dollars (PPP)0. Unemployment as a percent0. Gini indexPeople and Society0. Female literacy rate as a percent (will be missing from first world countries, use 99)0. GDP spent on education as a percent0. Infant mortality rate as total deaths per 1000 live births0. Predominant religion as one name e.g., Protestant Christianity for the United StatesThe project will be submitted as an Excel workbook for data and parts 1-4 and a Word or pdf file for part 5. Put the data on Sheet 1 and 1a on Sheet 2, 1b on Sheet 3, …, 2 on Sheet 7 , 3 on Sheet 8, 4a on Sheet 9, 4b,c,&d on Sheet 10,4e on Sheet 11.1. For the countries in your sample, use Excel to construct the following graphs
a. GDP per capita – histogram (4 points) Sheet 2b. Gini index –histogram (4 points) Sheet 3c. Predominant religion – pie chart (max of 9 slices) (4 points) Sheet 4d. GDP spent on education as a percent (Y) vs. GDP per capita in dollars (X) – scatterplot (4 points) Sheet 5e. Infant mortality (Y) vs. Female literacy (X) – scatterplot (4 points) Sheet 62. Construct a 95% confidence interval for the world’s mean GDP per capita and mean GDP spent on education as a percent. (10 points each) Sheet 73. Do your data support the hypothesis that more than half of the countries in the world are predominately Christian at the .05 significance level? At the .10 level? (20 points) Sheet 84. Regression and Correlation analysisa. Determine the sample regression line relating infant mortality to female literacy and plot it on a new scattergram. (4 points) Sheet 9b. Compute the correlation coefficient and coefficient of determination. (4 points) Sheet 10c. Test the hypothesis that 1 = 0. (4 points) Sheet 10d. Compute a 90% confidence interval estimate for 1. (4 points) Sheet 10e. With 90% confidence, estimate an average for all countries and predict for an individual country the infant mortality rate when female literacy rate is .75. (4 points) Sheet 115. Interpret in detail the specific results of the above analysis (parts 1, 2, 3, and 4) in a managerial summary of no more than one page using non-technical language, meaningful to a person who doesn’t know statistics. (20 points)Bonus: Appearance: table of contents, paging, clarity, color, illustrations (10 points)

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