There will be a component of graphs, data, and writing. Make sure your graphs are good quality and easy to
understand. Data should be shown in tables. Your explanation should be in complete paragraph form and flow
logically.
A. Exploring Savings Rates: Do poor countries save more or less than rich countries?
1. Research the relationship between savings rates and real GDP per capita, what type of relationship do you
expect (Positive, negative, none)? Explain. (1 paragraph)
2. Make a scatter plot that shows the relationship between savings rates and real GDP per capita in 2009,
putting GDP per capita on the horizontal axis and savings rates on the vertical axis.
3. Descriptive Statistics: State the maximum, minimum, average, standard deviation and skewness for each
variable. (Comment on any interesting findings)
4. Correlation Analysis: Calculate the correlation coefficient (r). Does your value for r indicate a positive or
negative relationship between the two variables Comment on the strength of the relationship between the two
variables. (1 paragraph)
5. Regression analysis. Using Excel calculate the regression equation. Interpret and comment on the slope of
the equation and the intercept. (1 paragraph)
6. Conduct a test of hypothesis to determine whether the slope of the regression line is greater than zero. Use
the .05 significance level. Interpret your findings in a brief report. (1 paragraph)
7. Coefficient of determination. What percentage of the variation in y is accounted for by x? Is this a strong
regression? (1 paragraph)
Socialism In The U.S.
Carl Marx, the creator of the Communist Party Declaration and Capital, is the originator of the political and monetary hypothesis of logical communism (contemporary socialism). By definition, socialism is the administration’s finished command over key monetary assets and methods for creation, which at first appeared as tyranny. In principle, under this framework, everything is equivalent, and everybody can share their work as per their capacities and benefits as fundamental. Marx accepts that low class and the common laborers are against bourgeoisie and rich industrialist class.
The Ostend Declaration (October 18, 1854) was a correspondence between three US ambassadors and US Secretary of State William Mercy who guaranteed that the US plundered Cuba from Spain, and during the 1950s the American Expansion was appeared. Peak of tenet. After the Spanish US Minister PierreSoulé couldn’t finish the obtaining of Cuba (1853), Mr. James Buchanan, British Minister of the United Kingdom and Minister of French John Mason (John Y. Artisan) met with Soulé in Ostend. ,Belgium. In the event that the US has force and Spain won’t sell, their dispatch will urge the US to appropriate Cuba. Like Haiti, this conduct emerges from the servitude uprising in Cuba and the longing to grow US bondage. Republican media called the announcement when the transmitted substance spilled, calling for popular sentiment in the south.
Fidel Castro held force after the Cuban transformation and America bolstered Castro, yet when he acknowledged Communism, in April 1961 the United States attempted to upset Castro’s standard in Cuba and the American Bay. We utilize American specialists prepared and furnished Cuba ousts (La Brigada). Pig attack fizzled. After the intrusion to Pigs Bay fizzled, Castro evidently accepted that the United States assaulted again to safeguard Cuba and yielded to the Soviet Union. In this way, the Soviet Union Prime Minister Nakita S. Khrushchev eagerly bolstered the hotly anticipated Castro and got the chance to increase a vital a dependable balance in the terrace of the United States. Castro allowed the Soviet Union to set up an army installation in Cuba Island in return for the security of US intrusion endeavors. After Castro’s endorsement, Khrushchev made ballistic rocket gear rapidly and covertly in Cuba in the mid year of 1962.