MODERN BUSINESS STATISTICS

Modern Business Statistics

Modern Business Statistics

Introduction

Hypothesis

HO1: There is relationship between GDP of United States and stock market index.

HO2: There is relationship between GDP of United States and labor productivity growth.

Methodology

For the study that relates to factors that affect GDP in United States is based on quantitative data. The dependent variable of the study is GDP; however the independent variables are stock market index and labor productivity growth. Furthermore, it is noted that the variables are scale variables, for that reason, regression analysis is applied; moreover, for the study, data is taken from 1980 to 2012.

Data Analysis

Correlations

GDP (% real change ...