Descriptive Statistics, Correlations, and Regressions

Assignment 1
Name:
Institution:
Course:
Professor:
Date:
1 Descriptive Statistics

N

Minimum

Maximum

Mean

Std. Deviation

ECFR2007

47

47.9

89.9

66.8

10.0572

PCRetail2007

47

192.1317

10598.0965

4355.4426

3251.2248

PKGRetailsites2007

47

987.1512

10438.6855

3387.9076

2159.2115

Valid N (listwise)

47





Table SEQ Table \* ARABIC 1: Descriptive Statistics
The results in Table 1 above indicate that the minimum ECFR2007 score is 47.9 while the maximum is 89.9. On average, the ECFR2007 score is 66.8. The standard deviation is 10.1, indicating that the data is clustered around the mean.
The minimum PCRetail2007 value is $192.1317, while the maximum is $10598.0965. On average, the PCRetail2007 value is $4355.4426. Its standard deviation is $3251.2248, indicating that the data are spread out around the mean.
The minimum number of grocery sites/outlets per 1000 people (PKGRetailsites2007) is 987.1512, while the maximum is 10438.6855. On average, the number of grocery sites/outlets per 1000 people is 3387.9076. The standard deviation is 2159.2115, indicating that the data are spread out around the mean.
2 Correlation
Correlations


PCIR2007

PCFDII2007

PCGDPPPP2007

PCIR2007

Pearson Correlation

1

.238

.488**


Sig. (2-tailed)


.107

.001


N

47

47

47

PCFDII2007

Pearson Correlation

.238

1

.637**


Sig. (2-tailed)

.107


.000


N

47

47

47

PCGDPPPP2007

Pearson Correlation

.488**

.637**

1


Sig. (2-tailed)

.001

.000



N

47

47

47

**. Correlation is significant at the 0.01 level (2-tailed).

Table SEQ Table \* ARABIC 2: Correlations
The correlation between PCIR2007 and PCFDII2007 is r = 0.238; this indicates a low correlation. Using a significance level of α = 0.05, the correlation coefficient is insignificant since the P-value, .107, is greater than 0.05. Therefore, the correlation between PCIR2007 and PCFDII2007 is insignificant.
The correlation between PCIR2007 and PCGDPPPP2007 is r = 0.488; this indicates a moderate correlation. Using a significance level of α = 0.05, the correlation coefficient is significant since the P-value, .001, is less than 0.05. Therefore, the correlation between PCIR2007 and PCGDPPPP2007 is significant.
The correlation between PCFDII2007 and PCGDPPPP2007 is r = 0.637; this indicates a high correlation. Using a significance level of α = 0.05, the correlation coefficient is significant since the P-value, .000, is less than 0.05. Therefore, the correlation between PCFDII2007 and PCGDPPPP2007 is significant.
3 Regression Analysis
* Regression model 1
Coefficients