Question: Also explain the answer Question 8 Phuc is currently doing a research assignment on economic growth. At the moment, he has only collected sample data

Also explain the answer

Also explain the answer Question 8 Phuc is currently doing a research

Question 8 Phuc is currently doing a research assignment on economic growth. At the moment, he has only collected sample data on real GDP per Not yet capita in Australia and its two major trading partners: Korea and Japan, from 1960 to 2019. Real GDP per capita is measured in current US$. 8 answered The descriptive statistics are below: Marked out of 1.00 13 15 16 Australia Japan Korea 14 Flag question Mean 21886.00 22187.45 9941.99 Standard Error 2561.77 2130.81 1368.24 Median 17716.55 25205.60 6213.53 Mode #N/A #N/A #N/A Standard Deviation 19843.41 16505.19 10598.32 Sample Variance 393760945.99 272421349.74 112324395.00 Kurtosis -0.18 -1.69 -0.67 Minimum 1807.79 479.00 93.83 Maximum 68150.11 48603.48 66,359.22 Sum 1313160.13 1331246.87 596519.37 Count 60.00 60.00 60.00 Answer the following questions (no more than 50 words per question) 1. The empirical rule states that any z-score above 3 or below -3 is considered to be an outlier. Based on this rule, how many outliers are there in the sample for Korea

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