The Purpose of This Problem Is to Make You Acquainted

question 10

Essay

The purpose of this problem is to make you acquainted with Statistics Canada's website.Open http://www.statcan.gc.ca/start-debut-eng.html and look for Economic Accounts,then open the link "Gross domestic product" page.Open "Summary tables," then open the table "Real gross domestic product,expenditure-based,by province and territory." Answer the following questions based on this table.
a)Which three provinces had the greatest real GDP per capita in 2011?
b)Calculate the shares of each of these provinces in Canada's real GDP in 2011.
c)Now,look for another table (you can use the "Search" function),"Consumer price index,historical summary,by province or territory." In which province was the consumer price index the highest in each of the years 2008 to 2012? Can you think of an explanation for that? 

---

Definitions:

Exponential Random Variable

A type of continuous random variable that is used to model time until an event occurs, with a constant hazard rate.

Exponential Distribution

A continuous probability distribution that describes the times between events in a Poisson process, representing a constant hazard rate.

Density Function

A mathematical function that describes the distribution of a continuous random variable, indicating the probability of the variable falling within a particular range.

Exponentially Distributed

Pertaining to a statistical distribution characterized by a constant rate of decay or growth over time.