Question: simple linear regression analysis Develop a scatter diagrams for the following variables and identify the possible association between those variables. Estimate the functional relationship (simple
simple linear regression analysis
Develop a scatter diagrams for the following variables and identify the possible association between those variables. Estimate the functional relationship (simple linear regression) between the same variables. Explain how good your modal is for forecasting and provide justifications with a brief discussion supported by appropriate references.
The association between Inflation rate and GDP
The association between Literacy rate and GDP
The association between Unemployment rate and GDP
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