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UniKL Malaysia France Institute
INDIVIDUAL PHOTOS OF GROUP MEMBERS
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GROUP PHOTO
The exploration of the intricate relationship between population growth and economic
development, specifically focusing on Malaysia's GDP per capita growth, is undertaken
due to the pivotal role demographic changes play in shaping a nation's economic
landscape. The historical population data from 1950 to 2024 provides a rich context for
analysing how Malaysia's population dynamics have evolved over time, offering a
unique opportunity to examine the interplay between demographic shifts and economic
indicators.
In delving into Malaysia's population growth and GDP per capita growth, the
expectation is to discern patterns and trends that reveal the impact of demographic
changes on economic performance. The provided data allows for an exploration of
whether periods of population growth are mirrored by corresponding economic
expansion or contraction. The aim is to gain insights into the nuanced relationship
between population dynamics and economic prosperity, offering valuable perspectives
for policymakers, economists, and researchers.
While numerous studies globally have explored the broader relationship between
population growth and economic growth, the specific case of Malaysia, as presented in
the historical population data, provides a unique context. Similar studies may have been
conducted elsewhere, examining different countries and regions. However, the
distinctive historical trajectory, policies, and socio-economic factors of Malaysia make
this analysis specific to its experience. While existing studies offer general insights, this
exploration contributes a more tailored analysis to the existing body of research, offering
context-specific insights into how population growth influences economic development
in Malaysia.
Malaysia gdp for 2022 was $406.31B, a 8.93% increase from 2021.
Malaysia gdp for 2021 was $372.98B, a 10.57% increase from 2020.
Malaysia gdp for 2020 was $337.34B, a 7.62% decline from 2019.
Malaysia gdp for 2019 was $365.18B, a 1.78% increase from 2018.
B. Data in excel file. the website/ source and the date you obtained from:
Referent:
https://www.macrotrends.net/countries/MYS/malaysia/population
https://www.macrotrends.net/countries/MYS/malaysia/economic-growth-
rate
for our study case, the data that we chose are economic growth has been identified as the
dependent variable, while population serves as the independent variable. The data for both
variables is continuous. The study provides evidence supporting the notion that as
population increases, there is a corresponding increase in economic growth.
3.2 LINEARITY
Based on the scatterplot graph above, it appears that there is a positive relationship between
population and gross domestic product (GDP) in billions of US dollars. In other words, as the
population increases, the GDP also increases. This positive correlation suggests that there
may be an association between population size and economic output in the dataset.
Based on the boxplot above, no data points lie beyond the "whiskers" of the Economic and
Population boxplots. The box in the boxplot represents the interquartile range (IQR), and the
whiskers generally extend to a certain distance beyond the IQR. If all data points fall within
this range, it implies the absence of apparent outliers in the dataset for both the Economic
and Population variables. This indicates that, based on the chosen criteria for defining
outliers in the boxplot, there are no extreme values in the distribution of both variables.
The graph above represents the residuals versus fitted values for a model where the
response is economic. It’s used to check the assumption of independence of errors in
regression analysis. The plot should ideally show no patterns and be random, but here there
is a clear pattern, indicating that the errors are not independent and there might be some underlying
pattern or structure that has not been accounted for in the model.
There is a clear pattern in the graph above, indicating that the errors are not independent
and there might be some underlying pattern or structure that has not been accounted for in
the model.
Based on the scatterplot above, there seems to be a linear connection between population
and economic factors. A positive slope in the regression equation signifies a direct and
proportional relationship between population and economic variables. Essentially, as the
population value rises, there is a tendency for economic values to increase too. The positive
slope indicates a positive correlation, implying that the two variables move in the same
direction.
Thus, we are 95% confident that the true mean for the Economic lies between 79.5 and
143.5.
H 0 : β=0
H 1: β ≠ 0
^β−β
t=
Sβ
0.000014−0
¿
0.000001
¿ 14
Since the p value (0.00) < α (0.05) indicates strong evidence against the null hypothesis,
supporting the existence of a significant relationship between the variables being tested. The
lower the p-value, the stronger the evidence against the null hypothesis, and the more
confident you can be in the presence of a significant relationship.
Based on the data above, about the linear regression equation. There are no data points
that stand out. Correlations population economic between 0.939. Reflects the correlation
coefficient between the independent and dependent variables for the specified model, which
is a straight line. The r-squared statistic indicates how much variation in the data is explained
by the model fitted. Coefficient for population for T-value 21.16. P-value Coefficient for
population 00.00
R=0.939. There is a very strong positive relationship between the number of population. This
means as population increases, there is a corresponding increase in economic growth. The
higher of population the higher economic growth.
Based on the Minitab output, the R² is 88.18%. It’s means that 88.18% of the total variation
in the data set is explained by the regression line. Thus, the regression line is relatively
effective. The high percentage reflects the usefulness of the regression model,
demonstrating that 87.99% of the economic fluctuations in Malaysia can be explained by
changes in population.
When two random value of x Population is chosen and calculated using the
regression equation, the value of y (economic) will change.