The united nations development programme undp collects


Human Development Index

The United Nations Development Programme (UNDP) collects data in the developing world to help countries solve global and national

a) Explain why fitting a linear model to these data would be misleading.

b) If you fit a linear model to the data, what do you think a scatterplot of residuals versus predicted HDI will look like?

c) There is an outlier (Luxembourg) with a GDPPC of around $70,000. Will setting this point aside improve the model substantially? Explain.

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Accounting Basics: The united nations development programme undp collects
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