Reference no: EM131562410
Assignment
Topic :
Study of the impact of FDI on GDP growth rate of United States keeping the effect of interest rate, final consumption expenditure, and exports of goods and services constant.
GDP = a + b(FDI) + c(Interest rate) + d(Consumption expenditure) + e(Export of goods and services)
Typically, you need at least 30 data points (for ex. you will need at least 30 consecutive days of data, or 30 months of data, or 30 years of data, or data of any frequency, as long as you have at least 30 data points. Then you have to tell me what relationship you are trying to prove or disprove with your data analysis. To give you an example, if you are trying to say that more trade will cause unemployment to decrease, then you have to collect data on trade (can be volume of trade or trade deficits etc) and unemployment rates over the past 30 years (you can use yearly or monthly data in this regard). Then run a regression between the two variables and see if the slope coefficient is statistically significant. Or you can plot the 2 variables and see if there is a relationship between the two.Or compute the correleation coefficient between the two. I leave the choice of statistical analysis to you but you have to apply your critical thinking process.The report should include a detailed analysis with graphs.
REQUIREMENTS:
At least 20 pages, typed (includes executive summary, body, appendix, references, tables etc), Times Roman Font 12, 1.5 line spacing, 1" margins on all sides, Free of grammatical and typographical errors.
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