An economist gathered data for several economic periods to calculate how the GDP growth rate correlated with other econo
Posted: Wed Jul 06, 2022 12:09 pm
An economist gathered data for several economic periods to calculate how the GDP growth rate correlated with other economic variables. The results are below: GDP growth rate Pearson Correlation Sig (2-talled) N O Dollar exchange rate. O Bond rate. O Treasury bill rate. O Inflation rate. Correlations GDP growth rate 1 10 Treasury bill rate 208 564 10 With which other variable is GDP growth most closely correlated? Dollar excahnge rate -.075 837 10 Bond rate Inflation rate 045 901 10 -385 272 10