Question

In: Statistics and Probability

Year Population in Millions GDP in Trillions of US$ 2014 318.86 16.29 2011 311.72 15.19 2010...

Year Population in Millions GDP in Trillions of US$
2014 318.86 16.29
2011 311.72 15.19
2010 309.35 14.94
2009 306.77 14.54
2008 304.09 14.58
2006 298.38 14.72
2004 292.81 13.95
2003 290.11 13.53
2002 287.63 12.96
2001 284.97 12.71
2000
1999 279.04 12.32
1998 275.85 11.77
1990 249.62 8.91
1989 246.82 8.85
1987 242.29 8.29
1986 240.13 7.94
1985 237.92 7.71
1984 235.82 7.4
1982 231.66 6.49
1981 229.47 6.59
1980 6.5
1979 225.06 6.5
1977 220.24 6.02
1976 218.04 5.73
1975 215.97 5.49
1973 211.91 5.46
1972 209.9 5.25
1964 191.89 3.78
1963 189.24 3.6
1962 186.54 3.42
1961 183.69 3.28
1959 177.83 3.06
1958 174.88 2.92
1957 171.98 2.85
1956 168.9 2.84
1954 163.03 2.61
1953 160.18 2.54
1952 157.55 2.53
1951 154.88 2.4
1950 152.27 2.27
1949 149.19 2
1948 146.63 2.04
1947 144.13 1.96

Above is a CSV file from the file do the following:

(a) Subset the data to include only those from 1947 to 1964.

(b) Fit a linear regression model, M1, to model population as a function of the year using this data from 1947 to 1964.
(c) Predict the population for the missing years 1955 and 1960.
(d) Plot the population versus Year including the predicted values for 1955 and 1960 in the range 1947 to 1964. The predicted values must be annotated (marke

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