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What statistical formula should I use in this research? The Effects of Internet Connection Speed in...

What statistical formula should I use in this research?
The Effects of Internet Connection Speed in the GNI (Gross National Income)per capita based on purchasing power parity (PPP) of the South East Asian Countries.

I want to know whether the speed of the internet connection has an effect to the GNI of the South East Asian Countries.

Math   Statistics-And-Probability   
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Answer #1

Assuming you have continuous data, you can use correlation coefficient formula as given below to determine the relationship between the two variables.

Interpretation of correlation coefficient

  • A correlation coefficient of 1 means that for every positive increase in one variable, there is a positive increase of a fixed proportion in the other.
  • A correlation coefficient of -1 means that for every positive increase in one variable, there is a negative decrease of a fixed proportion in the other
  • Zero means that two variables are not related.
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