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

question 9

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 1,339,346,874? Explain.

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Definitions:

Calls

Options contracts that give the holder the right, but not the obligation, to buy a stock or another financial asset at a specified price within a specific time period.

Gold

A precious yellow metallic element, highly valued for use in jewelry and as an investment.

Troy Oz.

A unit of measurement used for precious metals, approximately equal to 31.1035 grams.

Mutual Trust

The shared belief between individuals or groups that each will act in the best interests of the others, essential for effective collaboration and team dynamics.