In an in the “Journal of Portfolio Management” concerning the annualized investment risk and credit rating for each of the 40 countries is given below. Do some exploratory data analysis on this data using the techniques you have learned while SPSS was demonstrated to you. Highlight any findings which you find from this exploratory data analysis. Now prepare a scatter diagram to see the relationship between the given two variables. What kind of relationship do you find? Build a model to fit this relationship. Which countries have an investment risk which is substantially larger than would be suggested by their credit rating? Which countries have an investment risk which is substantially smaller than would be suggested by their credit rating? Discuss different findings from the model you have fitted on this data.

Country	Argentina	Australia	Austria	Belgium	Brazil	Canada	Chile	Colombia
Risk	87.0	26.9	26.3	22.0	64.8	19.2	31.6	31.5
Rating	31.8	78.2	83.8	78.4	36.2	87.1	38.6	44.4
Country	Denmark	Finland	France	Germany	Greece	HK	India	Ireland
Risk	20.6	26.1	23.8	23.0	39.6	34.3	30.0	23.4
Rating	72.6	76.0	85.3	93.4	51.9	69.6	46.6	66.4
Country	Italy	Japan	Jordan	Korea	Malaysia	Mexico	Netherland	New Zealand
Risk	28.0	25.7	17.6	30.7	26.7	46.3	18.5	26.3
Rating	75.5	94.5	33.6	62.2	64.4	43.3	87.6	68.9
Country	Nigeria	Norway	Pakistan	Philippines	Protugal	Singapore	Spain	Sweden
Risk	41.4	28.3	24.4	38.4	47.5	26.4	24.8	24.5
Rating	30.6	83.0	26.4	29.6	56.7	77.6	70.8	79.5
Country	Switzerland	Taiwan	Thailand	Turkey	UK	USA	Venezuela	Zimbabwe
Risk	19.6	53.7	27.0	74.1	21.8	15.4	46.0	35.6
Rating	94.7	72.9	55.8	32.6	87.6	93.4	45.0	24.5

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