Case- This is a data set of various countries, but you have to choose your own dependent variable and the rest will be independent variables and frame an equation. After thinking about the equation, follow the steps-
Check for any missing values and interpolate through EViews. ( or through excel) (6 marks)
Calculate descriptive statistics and check the mean value (for all data) along with minimum and maximum values. (8 marks)
Run a regression analysis for your model and give me the final statement that whether the model is significant or not? What all variables are significant for the independent variable chosen? And which is the least significant variable as per your model? (10marks)
Lastly, give a scatter graph for your model. (6marks)
The paper can be done through excel if you do not have EViews still (referred would be EViews)
Solution- make separate sheets for separate questions and give a final statement about your chosen model.
(Hint if you chose GDP as dependent, then population , adult mortality and life expectancy will be independent variables so the model will be GDP as Y, then we can run regression and check what all variables are significant towards GDP and which one is least depending upon analysis )
