Question

What is the Correlation Coefficient between Openness (as a percentage) and the GINI Index for Italy?...

What is the Correlation Coefficient between Openness (as a percentage) and the GINI Index for Italy? DATA have been attached.

Year Openness GINI Index
2003 46.25% 34.9
2004 47.55% 34.3
2005 49.40% 33.8
2006 53.28% 33.7
2007 55.21% 32.9
2008 54.71% 33.8
2009 45.61% 33.8
2010 52.25% 34.7
2011 55.59% 35.1
2012 56.18% 35.2
2013 55.48% 34.9
2014 55.75% 34.7
2015 56.92% 35.4
Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Correlation coefficient is found using Excel CORREL function.

Correlation Coefficient = 49.98%

Screenshot of formula:

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
What is the Correlation Coefficient between Openness (as a percentage) and the GINI Index for Sweden....
What is the Correlation Coefficient between Openness (as a percentage) and the GINI Index for Sweden. Data have been attached. Year openness Gini index 2003 76.15% 25.3 2004 79.29% 26.1 2005 84.57% 26.8 2006 88.79% 26.4 2007 89.54% 27.1 2008 93.36% 28.1 2009 83.14% 27.3 2010 86.90% 27.7 2011 88.66% 27.6 2012 87.71% 27.6 2013 83.09% 28.8 2014 86.27% 28.4 2015 86.24% 29.2
The correlation coefficient between Openness (as a percentage) and the GINI Index for each country is:...
The correlation coefficient between Openness (as a percentage) and the GINI Index for each country is: Italy: 0.25941061 Sweden: 0.49981979 Please report and interpret this relationship in up to 200 words and state for which country this relationship is stronger. [Hint: the GINI is often used as a proxy for the ratio of skilled to unskilled wages in empirical studies].
Suppose you are given the following annual return data for Gamestop and the market index from...
Suppose you are given the following annual return data for Gamestop and the market index from 2002 to 2015. Calculate the Gamestop's beta. (Round to 3 decimals) Year RetGME RetDIA 2003 0.453 0.246 2004 0.372 0.049 2005 0.353 0.016 2006 0.549 0.173 2007 0.813 0.084 2008 -1.053 -0.388 2009 0.013 0.205 2010 0.042 0.131 2011 0.053 0.078 2012 0.076 0.095 2013 0.705 0.260 2014 -0.344 0.093 2015 -0.151 0.001
The following data is provided for a market 500 Index: Year Total return Year Total return...
The following data is provided for a market 500 Index: Year Total return Year Total return 2000 16.0% 2010 2.0% 2001 8.0% 2011 3.0% 2002 -3.0% 2012 3.0% 2003 1.0% 2013 4.0% 2004 5.0% 2014 5.0% 2005 21.0% 2015 4.0% 2006 43.0% 2016 3.0% 2007 4.9% 2017 3.5% 2008 -7.0% 2018 4.5% 2009 0.1% 2019 5.8% Calculate the last 10 -year arithmetic average annual rate of return on the market Index. 3.78% 2.69% 0.37% 3.93%
The following data is provided for a market 500 Index: Year Total return Year Total return...
The following data is provided for a market 500 Index: Year Total return Year Total return 2000 16.0% 2010 2.0% 2001 8.0% 2011 3.0% 2002 -3.0% 2012 3.0% 2003 1.0% 2013 4.0% 2004 5.0% 2014 5.0% 2005 21.0% 2015 4.0% 2006 43.0% 2016 3.0% 2007 4.9% 2017 3.5% 2008 -7.0% 2018 4.5% 2009 0.1% 2019 5.8% Calculate the 20 -year geometric average annual rate of return on the market Index. 5.91% 3.32% 3.77% 0.28%
The following information was taken from Johnson & Johnson annual reports. The principal office of Johnson...
The following information was taken from Johnson & Johnson annual reports. The principal office of Johnson & Johnson is in New Brunswick, New Jersey. Its common stock is listed on the New York Stock Exchange, using the symbol JNJ. Domestic International Sales Sales Employees Year ($ million) ($ million) (thousands) 2000 18,216 11,856 100.9 2001 19,825 12,492 101.8 2002 22,855 13,843 108.3 2003 25,874 16,588 110.6 2004 27,970 19,578 109.9 2005 28,677 22,137 115.6 2006 31,375 23,549 122.2 2007 35,444...
The table below reports the earnings per share of common stock for Home Depot Inc. for...
The table below reports the earnings per share of common stock for Home Depot Inc. for 2003 through 2015. Year Earnings per Share 2003 $ 1.64 2004 1.94 2005 2.33 2006 2.81 2007 2.81 2008 2.44 2009 1.40 2010 1.66 2011 2.04 2012 2.55 2013 3.80 2014 6.40 2015 9.63 Click here for the Excel Data File Develop an index, with 2003 as the base, for earnings per share for years 2004 through 2015. (Round your answers to 1 decimal...
(number 6) Below is a table found from the Bureau of Labor Statistics. Year CPI (index)...
(number 6) Below is a table found from the Bureau of Labor Statistics. Year CPI (index) Year CPI (index) 2000 172.2 2009 214.5 2001 177.1 2010 218.1 2002 179.9 2011 224.9 2003 184.0 2012 229.6 2004 188.9 2013 233.0 2005 195.3 2014 236.7 2006 201.6 2015 237.0 2007 207.3 2016 240.0 2008 215.3 What is the percent difference between 2015 and 2006? In 2006, my family income was $44,000. In 2016, my family income was $52,000. Using the percent change...
For the following problems, use this information from Thompson Corporation’s annual reports: Column1 Revenue Employees Year...
For the following problems, use this information from Thompson Corporation’s annual reports: Column1 Revenue Employees Year ($million) 2003 28.5 187 2004 34.3 206 2005 48.0 276 2006 63.4 316 2007 72.5 319 2008 82.5 323 2009 53.7 278 2010 48.9 287 2011 46.5 264 2012 46.7 258 2013 46.0 244 2014 47.2 262 2015 55.8 294 2016 62.4 306 2017 68.4 319 2018 72.1 322 These data are included in the file Thompson Data Spring 2019 Compute a simple index...
The following data the performance of the Eurozone blue-chips stock in the form of end-of-year values...
The following data the performance of the Eurozone blue-chips stock in the form of end-of-year values of the Euro Stoxx index from 1995 to 2015. Year Euro Stoxx Index 1995 1507 1996 1850 1997 2532 1998 3342 1999 4904 2000 4772 2001 3806 2002 2386 2003 2761 2004 2951 2005 3579 2006 4120 2007 4400 2008 2451 2009 2966 2010 2793 2011 2317 2012 2636 2013 3109 2014 3146 2015 3268 Question Using a smoothing coefficient of W = 0.25,...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT