Gdp and Living Standard Essay

1791 Words Nov 29th, 2014 8 Pages
Relationship of GNP and Living Standard
Phuong Le
SUNY Morrisville State College

Project 2- Part 2
Part I: Description of the data set: I collected data from Journal of Statistics Education (JSE). Its original data set which is named “The Statistics of Poverty and Inequality” includes birth rates, death rates, infant death rates, life expectancies for males and females, and Gross National Product for 97 countries in the world divided into 6 groups (97 observations, 8 variables total.) However, I just took 6 variables: infant death rates, life expectancies for males and females, Gross National Product, country and country groups. Variables Descriptions: * Country: 30 countries were taken randomly. * Country
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This interval also contains the true parameter value. 2. Infant death per 1000 of population under 1 year old: | Infants death rates | | | (per 1000 ) | Percentage | Group 1 | 76.6 | 5% | Group 2 | 151 | 9% | Group 3 | 34.7 | 2% | Group 4 | 478.7 | 28% | Group 5 | 354.5 | 20% | Group 6 | 614 | 36% | Total | 1709.5 | 100% |

Infant deaths rates are an important factor to evaluate the standard living of a country. It shows the number of deaths of infants under one year old in a given year per 1,000 live births in the same year; included is the total death rate, and deaths by sex, male and female.
The infant death rates’ order is: Group 3< Group 1< Group 2< Group 5< Group 4< Group 6
The ratio of infant death rates: Group 6 = 1.3 times Group 4= 1.8 times Group 5= 4 times Group 2= 7.2 times Group 1= 18 times Group 3
The infant death rate of the group 3 is the smallest rate (2%) that means group 3 has the best standard living. Otherwise, the infant death rate of the group 6 is the biggest rate (36%) that means group 6 had the worst standard living.
Since wealthy countries (group 1, group 2, and group 3) have the means to invest in healthcare, sanitation, drugs

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