Business, 04.05.2021 21:00 Bowied6025
A journalist believes that it is possible to predict the number of Winter Olympic medals a country will win by analyzing the country's gross domestic product (GDP) per capita in the year prior to the Olympics. The journalist collects data on the 26 countries that won medals at the 2010 Winter Olympics, performs a regression analysis, and obtains the following regression equation:
Olympic Medals Won in 2010 = 3.25 + 0.22(GDP per capita in 2009, in thousands of dollars)
Required:
What should be true about the GDP of the country?
Answers: 1
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A journalist believes that it is possible to predict the number of Winter Olympic medals a country w...
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