Project Statistics Example | Topics and Well Written Essays - 1000 words - 1

Statistics Project Example That is, an increase in Qatar’s GDP by one unit will increase the value of Qatar’s exports by 4268.572. An increase importing country’s GDP by one unit will increase the value of Qatar’s value of exports by 294.0738. On the other hand, an increase in distance by one unit will increase the value of export by 20763.51. from the analysis above, it is clear that distance is the greatest contributor of value of exports. The GDP of Qatar was valued at $192,390,104,345 billion in 2012. The Gross Domestic Product value of Qatar represents 0.30% of the world’s economy. Between the years 1970 and 2012, Qatar’s GDP was averaged at $27.03 Billion reaching an all-time high of $192,390,104,345 billion in 2012 and low of $0.30 in 1970. The World Bank is the principal reporter of Qatar’s GDP. To understand the link between real GDP and the imports of cereals in Qatar, it is important to examine the indicators of international trade. It is important to note that the distance from the location of a commodity will affect the costs of obtaining the same commodity. It is therefore prudent to obtain the commodity at a market that will not increase the prices of the goods. The volume of international trade will depend majorly on the GDP of a nation. This implies that productivity and consumption level of an economy are directly linked. An increase in the production limits in a country will resul t in a proportional increase in real GDP of that country and