In: Statistics and Probability
In this regard, if you can provide us the data, it will be much easier for us to explain you the process...
Here, total export can be considered as a dependent variable, and the rest of the variables as an independent one...
From all the three countries, the total export can be easily obtained from any reference... Absorption rate can be gathered in the form of percentage and the GM policy can be rated on a scale of 0-4...
Later on a Multiple Regression analysis can be done in order to get an idea in the linear relationship among the mentioned variables...
You can run the data easily on Excel... Go to Data -> Data Analysis -> Regression... Select Y as the Export (Dependent Variable) and rest of the data as the independent X... & then run the analysis...
The equation will be something like:
Export = β + β1*Adoption Rate + β2*GM Policy
Where,
β = Intercept (Fixed Term)
β1 = Coefficient for Adoption Rate
β2 = Coefficient for GM Policy
Later on the respective values for Adoption Rate and GM Policy can be substituted in order to get the expected value of the Corn Export...
End of the Solution...