Question 1.107

1.107 Gross domestic product per capita.

Refer to the previous exercise. The data set also contains the gross domestic product per capita calculated by dividing the gross domestic produce by the size of the population for each country.

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  1. Generate a histogram and a normal quantile plot for these data.
  2. Describe the shape of the distribution and whether or not the normal quantile plot suggests that this distribution is Normal.
  3. Explain why GDP per capita might be a better variable to use than GDP for assessing how favorable a country is for business.

1.107

(b) The distribution is right-skewed; this is also shown in the Normal quantile plot.