Data on Internet Usage (Per 100 Inhabitants) and Population Were

question 23

Essay

Data on Internet usage (per 100 inhabitants) and population were collected for a sample of 52 countries (United Nations database). The data resulted in the following scatterplot. a. Do you think there is a clear pattern? Describe the association between Internet usage and population.
b. Comment on any unusual data point or points in the data set. Explain.
c. Do you think a model could accurately predict the Internet usage in India with a population of 1,153,230,948? Explain.

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Definitions:

Capital Lease

A lease classified as a purchase by the lessee for accounting purposes, where the lessee obtains significant ownership rights over the asset.

Operating Lease

is a rental agreement allowing a lessee to use an asset temporarily without ownership, typically with terms significantly shorter than the asset's life.

Operating Cash Flows

The cash generated from the normal operating activities of a business, reflecting its ability to generate positive cash flow to maintain and grow its operations.

GAAP

Generally Accepted Accounting Principles, a collection of commonly-followed accounting rules and standards for financial reporting in the United States.