Definitions for GDP pp Data This data set contains information on five variables pertaining to 62 individual countries in year 2014. GDP pp: Gross Domestic Product per capita in $US GINI: A measure of a nations income inequality, which takes a value between 0 and 100. A value of 100 implies perfect inequality. CONSUM SPEND: consumer spending in $US EXPORTS: exports in $US IMPORTS: imports in $US 1) Use the data file GDP pp.csv and estimate the following regression in R and present the re- gression result: GDP pp = 0 + 1GINI + 2CONSUM SPEND + 3EXPORTS + 4IMPORTS + (1)

GDP_pp data GDP_pp data