|Subject Code: ECON20003 |Subject Name: Quantitative Methods 2 |
|Tutorial Day/Time: Wednesday/ |Tutor Name: Emma Seyoum |
|(4.15pm – 5.15pm) | |
|Assignment Name or Number: Second Assignment |
| |Student ID Number |Student Name |
|1. |321388 |YINGYU LUO (Rosaline) |
|2. |346473 |CHEN YUN YUN (ANITA) |
|3. |355616 |GOON THIM LOONG, STANLEY |
|4. |395180 |BUWANEKA JAYANETTI (BUWA) |
1. The relationships between average income levels (GDP per capita and the two measures – fertility and infant mortality
The scatter plot shows the relationship between Birth Rate (dependent, Y variable) and GDP per capita (Independent, X variable) in selected countries hence demonstrates a rough negative relationship between the two. This means that as the income of women increases, the birth rates would decline. Moreover, this graph shows non-linear relationship between birth rate and the GDP per capita. The outliers are circled; however we believe that this is not due to any errors.
Dependent variable (Y) is Birth Rate (per 1,000 people).
Independent variable (X) is GDP per capita (current US$).