Dependent Variable: GDP

Method: Least Squares

Date: 08/12/15 Time: 13:38
Sample: 1 49
Included observations: 49

Variable Coefficient Std. Error t-Statistic Prob.

C 22.57553 8.101767 2.786494 0.0078

CPI -0.156945 0.048915 -3.208503 0.0025
BIRTH RATE CRUDE
PER100 PEOPLE -0.691342 0.393490 -1.756947 0.0857
LENDING INTEREST
RATE 0.371898 0.262838 1.414933 0.1640

R-squared 0.467428 Mean dependent var 3.378078

Adjusted R-squared 0.431923 S.D. dependent var 3.676425
S.E. of regression 2.770953 Akaike info criterion 4.954367
Sum squared resid 345.5181 Schwarz criterion 5.108801
Log likelihood -117.3820 Hannan-Quinn criter. 5.012959
F-statistic 13.16521 Durbin-Watson stat 1.781105
Prob(F-statistic) 0.000003

BIRTH RATE
CONSUMER CRUDE PER 1000 LENDING
GDP PRICE INDEX PEOPLE INTEREST RATE
Mean 3.378078 80.27110 12.24749 5.022608
Median 2.831077 91.71667 10.20000 6.020167
Maximum 12.88247 103.7083 19.40000 9.113333
Minimum -5.526976 25.04614 8.200000 1.303750
Std. Dev. 3.676425 26.83973 3.858072 2.649344
Skewness 0.601126 -1.004729 0.760590 -0.169159
Kurtosis 3.721931 2.465641 2.080919 1.396742

Jarque-Bera 4.015129 8.827072 6.449004 5.481658

Probability 0.134315 0.012112 0.039776 0.064517

Sum 165.5258 3933.284 600.1269 246.1078

Sum Sq. Dev. 648.7727 34577.81 714.4665 336.9131

Observations 49 49 49 49
 First of all, the independent variables that we used are Consumer Price Index (CPI), Birth
Rate Crude per 1000 people and Lending Interest Rate. Consumer Price Index (CPI) defined as
the current prices of goods and services in terms of the prices during the same period of time in
the previous year in order to show the effect of inflation on consumers purchasing power. Birth
Rate Crude per 1000 people means that the ratio of total live births to the total population in a
certain area over a period of time and expressed as the number of live births per 1000 of the total
population per year. Lending Interest Rate is a rate or percentage which is charged extra based
on the lending amount.

According to the table above, the descriptive statistics that we found are included mean,
median, standard deviation and skewness.

Mean refers to the average of the total numbers where the total of numbers divided by the
number of numbers. The mean for GDP, Consumer Price Index (CPI), Birth Rate Crude per 1000
people and Lending Interest Rate are 3.38, 80.27, 12.25 and 5.02 respectively.

In addition, median defined as the middle value of the total numbers or the list of number.
Median for GDP is 2.83 while the median for Consumer Price Index (CPI) is 91.72. Birth Rate
Crude per 1000 people has a median of 10.2 whereas Lending Interest Rates median is 6.02.

Besides that, standard deviation is used to measure of how spreads out numbers are.
Based on the descriptive statistics table above, the standard deviation for GDP is 3.68 while for
Consumer Price Index (CPI) is 26.84. Birth Rate Crude per 1000 people has 3.86 of standard
deviation and 2.65 is the standard deviation of Lending Interest Rate.

Furthermore, skewness refers to a measure of the degree of asymmetry of a distribution.

The negative skewness will be occurred when the left tail is more pronounced than the right tail
whereas the positive skewness will be formed if right tail is more pronounced than left tail. If left
tail and right tail are equal, zero skewness will be formed. According to the table, GDP and Birth
Rate Crude per 1000 people are positive skewness as their skewness are 0.60 and 0.76
respectively. However, the skewness for Consumer Price Index (CPI) and Lending Interest Rate
are -1.00 and -0.17 respectively, which mean that both of them are having the negative skewness.