What
to do.
Calculate
the Pearson correlation coefficient between your World Bank variable and
your indicator. Test if this relationship is significant (i.e., p-value). you
can also calculate a linear regression line when you have a significant
relationship.
3.
Make a scatterplot in Excel
4.
Use the scatterplot and Pearson correlation coefficient statistics in 3.4 where
you discuss the results of your correlation
analysis If there are other studies that investigate the relationship between
the same variables, use this in the discussion of
your findings (don’t forget to source!).
Choose
one of the indicators which could be compared the best with Iran High Job
Creation. Must be Economic indicator. From this website.
https://data.worldbank.org/country/iran-islamic-rep
3.4 Correlation
analysis
Here you discuss the results of your
correlation analysis. First, you explain that you do a correlation
analysis and repeat your motivation for doing
so. Then you place the Scatter plot. Use the APA style
to report your correlation coefficient and
interpret the results. You should be able to say whether
the correlation is positive or negative, and
what that means. In addition, indicate how strong the
relation is, and what that means. Explain what
this means for entrepreneurship in this country. Do
not forget to provide and interpret the p-value
or probability value (i.e., testing if the relationship is
significant).
3.5 Conclusion
Here you summarize the most important results.
Make a brief conclusion of the outcomes from your
analyses without using numbers. Explain what
the main findings are.
Task is to
compare it to this graph
After Its done write 3.4 Analysis and 3.5
Conclusion
And change
Chapter 4. Conclusion if needed.
I attached
video on how to calculate in excel corelation.
