Use r(which is a software) stata or excel to do the assignment - 1

Use r(which is a software) stata or excel to do the - Assignment Example This supports the model, which supposes that education is a factor of labor production The scatter plot assumes a downhill pattern as we move from left to right. As the values in the horizontal axis increase, those in the vertical axis decrease. The trend line drawn also depicts a negative linear association with outliers on either side. The data are scattered all over indicating a t-statistics of less than 0.5 hence weak correlation detected. From the analysis, showing the strong correlation and positive relationship, one can conclude that there is a possible association between education and labor production in any country. This supports the model, which supposes that education is a factor of labor production. The analysis supports the theory that level of education is not a factor for infant mortality. In which case, education only serves as a growth factor and not as a factor which can reduce the number of infants’ deaths. From the scatter plot, the pattern depicted assumes an uphill pattern as we move from left to right. As the values in the horizontal axis increase so do those in the vertical axis. The trend line drawn also depicts a linear association with outliers on either side. Consequently, the aspects show a linear association between the two variables. The cluster also insinuates a t-statistics of more than 5 hence the strong correlation detected. This analysis supports the theory that there is a possibility of relationship between higher levels of education and domestic saving rates. The scatter plots drawn above, shows that levels of education act as one of the major factors influencing growth in a country. First, the possibility of its relation to domestic savings rate shows that a country with greater level of education is likely to witness growth. This is because the increased savings put a country in a better place for exploiting every opportunity that proves beneficial towards growth. Further,