Question: Doing business internationally is no longer something reserved for the largest companies. In fact, medium-size and, in some cases, even small companies are finding themselves

Doing business internationally is no longer something reserved for the largest companies. In fact, medium-size and, in some cases, even small companies are finding themselves with the opportunity to do business internationally. One factor that will be important for world trade is the growth rate of the population of the world’s countries. The data file Country Growth contains the most recent United Nations data on the population and the growth rate for the last decade for 231 countries throughout the world. Based on these data, which countries had growth rates that exceeded 2 standard deviations higher than the mean growth rate? Which countries had growth rates more than 2 standard deviations below the mean growth rate?

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