Assignment: Hypothesis Testing Using R

In this assignment, use R to perform regression analysis. Please use the below Economic/political dataset (Excel) Download Economic/political dataset (Excel)to help you complete the assignment.

Question 1: By looking at the variables in Econ_Political.dataset, propose one multivariant hypothesis and one simple and single hypothesis. hypotheses must reflect the influence of independent variable(s) on a dependent variable. In each hypothesis:

• Indicate independent variable(s).
• Indicate the dependent variable.

Discuss why this hypothesis is valid.

Question 2: Conduct significance tests in R for both hypotheses at a confidence level of 90%.

Year	Unemployment	Inflation	Presidential Approval	Consumer Confidence
1948	3.8	9.5	38	0.0
1952	3.1	2.2	32	86.2
1956	3.9	0.1	67	100.2
1960	4.8	1.4	57	90.1
1964	5.4	1.4	73	99.9
1968	3.8	3.6	41	91.7
1972	5.7	3.8	56	90.7
1976	7.7	6.3	45	87.0
1980	6.3	14.2	37	76.7
1984	7.8	4.7	58	95.7
1988	5.7	3.9	53	93.0
1992	7.4	2.8	37	85.3
1996	5.5	2.7	54	99.2
2000	4.1	3.2	56	107.6
2004	5.6	1.7	47	92.8
2008	4.9	4.1	31	55.3
2012	8.3	2.9	51	82.7
2016	4.9	1.0	50	91.7