World Development Indicators.

1.From https://databank.worldbank.org/source/world-development-indicators, or http://data.imf.org choose any 4 variables that have relationship to each other but from completely different areas. Select all countries for 1 year. (2 marks)2.Introduce the variables and explain the possible relationships among variables with the help of literature. (4 marks – min 200 words)3.For each variable identify the level of measure as nominal, ordinal, interval, or ratio. For quantitative data, also note if they are discrete or continuous. (0.5 marks)Variable 1nominal, ordinal, interval, or ratiodiscrete or continuousVariable 2nominal, ordinal, interval, or ratiodiscrete or continuousVariable 3nominal, ordinal, interval, or ratiodiscrete or continuousVariable 4nominal, ordinal, interval, or ratiodiscrete or continuous4.For each variable construct a grouped frequency distribution using “Histogram” in “Data Analysis”. Draw a histogram, frequency polygon, Pareto and ogive (cumulative percentage), time series chart for the distribution. (3marks)5.Describe briefly the shape of the distribution using histogram and information of Kurtosis and Skewness. (0.5 marks)ValueDescription (tall/flat, left skewed / right skewed)Variable 1KurtosisSkewnessVariable 2KurtosisSkewnessVariable 3KurtosisSkewnessVariable 4KurtosisSkewness6.Using “Descriptive Statistics” report the results for each variable and interpret in your own words. (2 mark– min 100 words)Variable 1Variable 2Variable 3Variable 4meanmodemedianvariancestandard deviationCvar – coefficient of variationImportant instructions for individual Assignment•Download the data in Excel sheet•Answer all questions using Excel or SPSS•Copy the answers in MS word file, provide heading to every question•Attach a cover page to word file•Copy the data as appendix to the word document.•Upload the assignment on Turnitin, be careful about the similarity index especially in the explanation.NoStructure of the individual assignment 1Executive summary2Introduction 3Review of Literature about variables and explain the possible relationships 5Data Analysis and interpretation: Answers of all questions6Conclusion and Reference using APA8Annexures: Data