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:

International Financial Reporting Standards

A set of accounting standards developed by the International Accounting Standards Board (IASB) that aim to make international financial reporting transparent and comparable.

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Refers to small and medium-sized enterprises, which are businesses with a limited number of employees and revenue, playing a significant role in the economy.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is globally accepted for financial reporting by publicly traded companies.

Financial Reporting Requirements

Legal or regulatory obligations that entities must follow when presenting their financial information to ensure transparency and accountability.