#milestone assignment

Measures: The GDP per capita, in current US dollars, is the quantitative response variable. Gross Domestic Product is a measure of output of a country, created by taking the monetary value of all finished goods and services produced within the country’s borders during a specific time period and dividing it by the country’s population. It is a commonly used indicator of standard of living, with higher GDP per capita equating to a higher standard of living.

The purpose of this study was to identify the best predictors of a country’s GDP per capita from multiple indicators common to development goals, that is, fixed broadband subscription rate, access to improved water sources, internet user rate, mortality rate for under 5-year olds, proportion of seats held by women in national parliaments, rural population rate, urban population rate, and the birth rate. By investigating which development goals most effectively lead to increases in GDP per capita, all aid agencies globally will be better able to focus their activities towards the improvement of those indicators, which will indirectly lead to increased incomes for families. By focusing development efforts on improving the indicators which are most closely correlated to GDP per capita, aid agencies can have the greatest impact on their end goals.