Identify the independent variable (IV) and dependent variable (DV) used in the study, and the levels ofmeasurement of the IV and DV. Manufacturing Output (US$ Billion)GDP (US$ Billion)Mean26.40225806 Mean162.3409677Standard Error2.253823127 Standard Error17.88097749Median25.58 Median127.57Mode#N/A Mode#N/AStandard Deviation17.74662105 Standard Deviation140.7949576Sample Variance314.9425588 Sample Variance19823,22008Kurtosis-1.277726557 Kurtosis-.893583258SkewnessRange.123850272 Skewness57.19 Range.713440627449.45Minimum1.74 Minimum8.75Maximum58.93 Maximum458.2Sum1636.94 Sum10065.14Count62 Count62

The issue is that finding out which of the variables is the contributing factor (cR) and which is…

Answered: Identify the independent variable (IV)…

Identify the independent variable (IV) and dependent variable (DV) used in the study, and the levels of measurement of the IV and DV.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Identify the independent variable (IV) and dependent variable (DV) used in the study, and the levels of
measurement of the IV and DV.

Manufacturing Output (US$ Billion)
GDP (US$ Billion)
Mean
26.40225806 Mean
162.3409677
Standard Error
2.253823127 Standard Error
17.88097749
Median
25.58 Median
127.57
Mode
#N/A Mode
#N/A
Standard Deviation
17.74662105 Standard Deviation
140.7949576
Sample Variance
314.9425588 Sample Variance
19823,22008
Kurtosis
-1.277726557 Kurtosis
-.893583258
Skewness
Range
.123850272 Skewness
57.19 Range
.713440627
449.45
Minimum
1.74 Minimum
8.75
Maximum
58.93 Maximum
458.2
Sum
1636.94 Sum
10065.14
Count
62 Count
62

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