Professional Documents
Culture Documents
Session 2014-2016
Project Advisor
Miss Khansa Irem
Submitted By
Name
Roll No
Adnan Ali
043
Wajid Ali
019
Haris Amin
040
Mohsin Arshad
054
Master in Commerce
Semester 1st
Superior University
Lahore
Table of Content
Research Question
What are the factors which cause the GDP growth rate to change?
Theoretical Model
Imports of
goods and
services (%
of GDP)
Oil Rates
(% of
GDP)
GDP
growth
(annual
%)
Agriculture,
value
added (%
of GDP)
Independent Variables
1. Imports of goods and Services: Imports of goods and services (merchandise trade) are
goods which add to the stock of material resources of a country by entering its economic
territory.
2. Oil rates or rents: Oil rents are the difference between the value of crude oil production
at world prices and total costs of production.
Description of Cases
A sample period of 43 years has been selected for this study for the period of 1970-2012 with
annual frequency. Years for the said period would be used as cases. So we have 43 cases.
Descriptive Analysis
We used the Five Figure Summaries, Single Box Plots, Histograms and Descriptive Statistics to
show the relationship between dependent and independent variables.
Table of summary
statistics is also included in the report to display the overall picture of the variables.
Valid
43
Missing
Minimum
-5.238182703157E0
Maximum
1.025996298901E1
Percentile 25
s
50
3.84099115692911E0
5.53345456338035E0
75
7.57449184073531E0
Interpretation
The five figure summary and single box plot of GDP growth shows that the
data of all the 43 years is available. No value is missing. The minimum GDP
growth rate is -5.24, maximum GDP growth rate is 1.03, lower quartile is
3.84, upper quartile is 7.57 and median is 5.53. The single box plot shows
the outlier. It means there are extreme values in the data.
43
Missing
Minimum
3.644988416072E0
Maximum
3.073611691711E1
Percentile 25
s
50
6.90201014544465E0
75
1.49815485883645E1
9.08569056406568E0
Interpretation
The five figure summary and single box
plot of imports of goods and services shows that the data of all the 43 years
is available. No value is missing. The minimum Imports of goods and
Services in percentage of GDP are 3.64, maximum Imports of goods and
Services in percentage of GDP are 3.07, lower quartile is 6.90, upper quartile
is 1.5 and median is 9.09.The single box plot shows the outliers. It means
there are extreme values in the data.
Valid
43
Missing
Minimum
.080289640723
Maximum
2.415698296891E0
Percentile 25
s
50
.76701246503233
.98955211453191
75
1.30649758510833E0
Interpretation
The five figure summary and single box plot of oil rents shows that the data
of all the 43 years is available. No value is missing. The minimum oil rents in
percentage of GDP are 0.08, maximum oil rents in percentage of GDP are
2.42, lower quartile is 0.77, upper quartile is 1.31 and median is 0.99. The
single box plot shows the outliers. It means there are extreme values in the
data.
Valid
Missing
Minimum
43
0
1.751994516935E1
Interpretation
4.330957251424E1
Histograms
Interpretation
In this figure the frequencies shown by the bars are for a range of points (In
this case SPSS selected the range of 5) notice that the largest number of
GDP Growth (about 10) had scored in the middle bar. Similar small number
of GDP Growth has very low and very high scores. The bars in the histogram
form a distribution (pattern or curve) that is similar to approximately
normally distributed. Thus, the frequency distribution of the GDP Growth is
said to be approximately normal.
10
Interpretation
In this figure the frequencies shown by the bars are for a range of points (In
this case SPSS selected the range of 10) notice that the largest number of
GDP Growth (about 20) had scored in the third bar from left. Similar small
number of GDP Growth has very low and very high scores. The bars in the
histogram form a distribution (pattern or curve) that is similar to
approximately normally distributed. Thus, the frequency distribution of the
GDP Growth is said to be approximately normal.
11
Interpretation
In this figure the frequencies shown by the bars are for a range of points (In
this case SPSS selected the range of 0.5) notice that the largest number of
GDP Growth (above 12.5) had scored in the middle bar. Similar small number
of GDP Growth has very low and very high scores. The bars in the histogram
form a distribution (pattern or curve) that is similar to approximately
normally distributed. Thus, the frequency distribution of the GDP Growth is
said to be approximately normal.
12
Interpretation
In this figure the frequencies shown by the bars are for a range of points (In
this case SPSS selected the range of 5) notice that the largest number of
GDP Growth (about 9) had scored on the left side. Similar small number of
GDP Growth has very low and very high scores. The bars in the histogram
form a distribution (pattern or curve) that is similar to approximately
normally distributed. Thus, the frequency distribution of the GDP Growth is
said to be approximately normal.
13
Descriptive Statistics
Descriptive Statistics
Minimu
m
Maximu
m
Mean
Std. Deviation
1.02599 5.45262
5.23818
3.078401894859016E
43
6298901 150205
2703157
0
E1 526E0
E0
.552569092006126
Agriculture, value
added (% of GDP)
Valid N (listwise)
43
Interpretation
In this table of descriptive statistics there are four main columns of minimum
values, maximum values, mean values and standard deviation. Minimum
values for GDP growth, Imports of goods and services, Oil rents and
Agriculture, value added are respectively -5.24, 3.64, 8.03 and 1.75.
Maximum values for GDP growth, Imports of goods and services, Oil rents
and Agriculture, value added are respectively 1.03, 3.07, 2.42 and 4.33. In
the column of mean values highest mean value is 5.45 for the variable of
GDP growth and lowest mean value is 1.08 for the variable of Oil rents.
Lastly the values of Standard Deviation for GDP growth, Imports of goods
and services, Oil rents and Agriculture, value added are respectively 3.08,
7.71, 0.55 and 7.61.
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Conclusion
Minimum values for GDP growth, Imports of goods and services, Oil rents
and Agriculture, value added are respectively -5.24, 3.64, 8.03 and 1.75.
Maximum values for GDP growth, Imports of goods and services, Oil rents
and Agriculture, value added are respectively 1.03, 3.07, 2.42 and
4.33.Which shows that from 1970 to 2012 GDP Growth rate in India has
fluctuated between -5.24 and 1.03. This fluctuation was due to change in
three independent variables i.e., Imports of goods and services, Oil rents and
Agriculture, value added.
15