Conduct an internet search on the GDP and inflation of your country over a 5-year
period and record your findings in the table given.
GDP (X) Inflation (Y)
With the tabulated data collected:
(a) Determine the linear regression equation (15 marks)
(b) Interpret the slope of the regression line. (2 marks)
(c) Compute and interpret the correlation coefficient. (5 marks)
(d) Briefly explain how does GDP affect the living standard in your country.
(3 marks)