Table gives the per capita income to the nearest $100 (Y ) and the percentage of the economy represented by agriculture (X) reported by the World Bank World Development Indicators for 1999 for 15 Latin American countries.
(a) Estimate the regression equation of Yi on Xi .
(b) Test at the 5% level of significance for the statistical significance of the parameters.
(c) Find the coefficient of determination.
(d) Report the results obtained in part a in standard summary form.
Table Per Capita Income (Y , $00) and Percentage of the Economy in Agriculture (X)
|
Country:*
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(11)
|
(12)
|
(13)
|
(14)
|
(15)
|
|
n
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
11
|
12
|
13
|
14
|
15
|
|
Yi
|
76
|
10
|
44
|
47
|
23
|
19
|
13
|
19
|
8
|
44
|
4
|
31
|
24
|
59
|
37
|
|
Xi
|
6
|
16
|
9
|
8
|
14
|
11
|
12
|
10
|
18
|
5
|
26
|
8
|
8
|
9
|
5
|