# ECONOMICS AND QUANTITATIVE ANALYSIS LINEAR REGRESSION REPORT DUE DATE 27 May 2019 WORD LIMIT 1200 words WEIGHTING 40% Instructions As an economist working in the OECD you have been asked to prepare a short report that examines the statistical association between average life satisfaction and GDP per capita using the data contained in the spreadsheet (linear regression assignment data). Your report needs to be structured as follow

1
ECONOMICS AND QUANTITATIVE ANALYSIS
LINEAR REGRESSION REPORT
DUE DATE: 27 May 2019
WORD LIMIT: 1200 words
WEIGHTING: 40%
Instructions
As an economist working in the OECD you have been asked to prepare a short report that examines
the statistical association between average life satisfaction and GDP per capita using the data
contained in the spreadsheet (linear regression assignment data).
Your report needs to be structured as follow:
1. Purpose (2 marks)
In this section, the purpose of the report needs to be clearly and concisely stated.
2. Background (4 marks)
In this section, a brief literature review on the association between life satisfaction and GDP is
required. Why are economists interested in this particular issue?
3. Method (4 marks)
In this section, the data source and empirical approach used to examine the relationship between life
satisfaction and GDP needs to be detailed.
4. Results (20 marks)
In this section, you need to present and summarize the results from your statistical analysis. In
particular, the results section must:

  Provide a descriptive analysis of the two variables (e.g., mean, standard deviation, minimumand maximum). Which countries have the lowest and average life satisfaction scores? Whichcountries have the lowest and highest GDPs per capita? (2 marks).Develop a scatter diagram with GDP per capita as the independent variable. What does thescatter diagram indicate about the relationship between the two variables? (3 marks).Develop and estimate a regression equation that can be used to predict average lifesatisfaction given GDP per capita. (2 marks).State the estimated regression equation and interpret the meaning of the slope coefficient (tomake the interpretation easier multiply the estimated coefficient by 10,000). (3 marks).Is there a statistically significant association between GDP per capita and average lifesatisfaction? What is your conclusion? (2 marks).Did the regression equation provide a good fit? Explain. (3 marks).Luxembourg, Ireland, and Norway appear to be outliers in terms of GDP per capita. Re     

estimate your regression model without Luxembourg, Ireland, and Norway. How does this
affect the slope coefficient and goodness of fit? Explain. (5 marks).
5. Discussion (5 marks)
In this section, provide a brief overview of the results. What are the key strengths and limitations of
this analysis? (e.g., data, method, etc.). How do the results from this analysis compare with other
studies? (e.g., are the findings consistent?). Do these findings have clear policy implications?
6. Recommendations (5 marks).
In this section, you should present three to five well-considered recommendations.

Pages (550 words)
Approximate price: -

Quality Research Papers

We always make sure that our academic writers follow all your instructions precisely. You can choose your academic level and we will assign a writer who has a respective degree.

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document.

On time Delivery

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. Otherwise a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. We also promise maximum confidentiality in all of our services.

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

## Calculate the price of your order

Total price:
\$0.00

How it works?

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Whether you have an urgent deadline or those that have time. You can take some time and relax after trusting us with your paper. We make sure that we conduct the academic writing services diligently.

## Essay Writing Service

Among the wide variety of academic work, essay writing is one of the simplest a student can ever come across. Usually, it is a task which students encounter and learn how to write whilst in high school. However, the case is quite different when it comes to university and college.

Term Paper Writing

Are you looking for an online writing firm that can offer you reliable custom term paper writing help? Is your wish and desire to get someone who can guide you throughout the process of writing term papers? If yes, then you have come to the right place.

Coursework Writing Help

Coursework is essential for every student in order to graduate from college. However, most of it is deadline-centric, and that becomes a challenge to most learners. With the amount of work, learners are receiving every day, finding time to work on every task is not easy.

Online Homework Help

Online homework help services are an answer to every challenge that students go through. Despite the difference in the needs and levels of learning, all students can benefit from these services. Acemyhomework is one of the best online homework help service companies you can find on the internet.