Goal
The goal of this exercise is to explore the growth rate of the Gross Domestic Product and the Dow Jones Industrial Average between 1980 and 2015 and to determine whether there is a relationship between the two variables.
Method: Application of Statistical Methods
Step 1: Mean, Standard Deviation and Coefficient of Variation Step 2: Graph of Down Jones Industrial Average and Gross Domestic Product Figure 1 showing the graph of the Gross Domestic Product and the Dow Jones Industrial Average between 1980 and 2015 Figure 1 above shows that during the period considered, the Dow Jones Industrial Average experienced a more pronounced variation in ...