Data Analysis Statistics Project Example | Topics and Well Written Essays - 1500 words

Information Analysis - Statistics Project Example Normal GDP per capita (2013) of the European Union is figured from the World Bank information and is contrasted and information for singular nations as detailed by the Central Intelligence Agency information (in light of buying power equality). Gross domestic product per capita for the area can, in this manner, be processed as follows (The World Bank, 2015). Gross domestic product per capita= 17.96 trillion/507 million= $ 35424.06 Theory HO:  µCIA= 35424.06; No huge contrast between the two sources, sources are dependable HA:  µCIA≠35424.06; A huge contrast exist, one of the sources isn't dependable  µ speaks to mean The information are on a proportion scale and speaks to a normal yield of a nation for every individual every year. Information was gathered through perception from existing sources, the World Bank and the Central Intelligence Agency (US), and with European Union nations as the populace. The information is regarding the year 2013 and may not speak to the countries’ and the region’s current GDP per capita. Dispersion of the countries’ GDP per capita is slanted, decidedly, and has an exception in GDP of Luxembourg that was $ 91900. The nations GDP per capita additionally varied generally as the high estimations of range ($ 75100) and standard deviation (15237) appears. High centralization of nations happened in the second and fourth stems. Mean of the countries’ GDP per capita, in light of CIA information (34084) is measurably equivalent to the provincial worth that the World Bank announced for that year.