Clipboard Font Alignment Number Styles A8 ? observations 7 Standard Error 8 Obse

Question

Clipboard Font Alignment Number Styles A8 ? observations 7 Standard Error 8 Observations 1.663988567 10 ANOVA MS nificance F 12 Regression 13 Residual 14 Total 8 113.180481 14.14756 5.109529 0.001261572 21 58.14601697 2.768858 29 171.326498 Coefficients Standard Error tStat P-value Lower 95% Upper 95% Lower 95.0% 6 7 Intercept 8 GNI 9 Capital Formation O Technology Exports Upper 95.0% 1.694937744 1.141006886 -1.48548 0.152276 4.06779146 0.6779159734.06779146 0.677915973 2.33E-05-1.23511 0.23043 -7.7233E-051.96769E-05 7.7233E-05 1.96769E-05 0.153186209 0.054008512 2.836335 0.009889 0.04086936 0.265503059 0.04086936 0.265503059 -0.032310621 0.040410181 -0.79957 0.432914 -0.116348192 0.05172695 -0.116348192 0.05172695 2.8778E-05 Import Goods & 1 Services Population Annual % 3 Total Population 4 Poverty 0.036472597 0.026016265 1.401915 0.175549-0.017631187 0.090576381-0.017631187 0.090576381 0.06932833 0.608758126 0.113885 0.910411 -1.196653497 1.335310158 -1.196653497 1.335310158 1.32081E-09 1.37355E-09 0.961599 0.347193 -1.53565-09 4.17726E-09 -1.53565E-09 4.177265-09 0.035884401 0.0342589 1.04745 0.3068 -0.107129685 0.035360382 -0.107129685 0.035360882 Primary/Secondary 0.897756729 0.790041732 1.136341 0.268616 -0.745224994 2.540738453-0.7452249942.540738453 Regression Data Definition and Source

Explanation / Answer

The above regression analysis clearly states that the p-value regarding the coefficient of GNI is 0.23 which is greater than 0.05(a standard level of significance). Thus, we fail to reject our null hypothesis.

Our null hypothesis can be stated as that the income inequality doesn't effect economic growth.

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