Quantitative Methods For International Business About The Population Of Europe And Asia

1012 words - 4 pages

1. IntroductionPopulation is becoming the most serious problem in this world. Overpopulation is the heavy burden in many developing countries. There will be not enough resources to sustain life. Many environmental, social, and economic problems from or are increased in magnitude by the overpopulation problem. For instance, there is a limited area of arable land and living space, such as India. That means no big country with large population has strong development.In this report, I will use the Minitab to produce the statistics about the cross-section data of the population of Asian and European countries in year 2004, time series data about the population of Sweden from year 1984 to 2003.2. Statistical Analysis2.1 Stem-and-Leaf DisplaysStem-and-leaf of populations of European countries N = 30Leaf Unit = 1000000(16) 0 000001344455778814 1 000069 2 28 3 87 4 075 5 84 6 002 72 8 2HI 143Figure 1: Stem-and-Leaf Display: Population of European countries in personsStem-and-leaf of population of Asian countries N = 30Leaf Unit = 100000010 0 000222223415 0 5566715 1 314 1 513 2 2311 2 5788 38 38 48 4 87 57 57 67 6 9HI 127, 141, 159, 238, 1065, 1298Figure 2: Stem-and -leaf Display: Population of Asian countries in persons2.2 Descriptive StatisticsVariable N Mean Median TrMean StDev SE MeanEurope 30 22476776 8580581 17231947 32137115 5867408Variable Minimum Maximum Q1 Q3Europe 32270 143782338 4327231 39039957Figure 3: Descriptive Statistics of population of European countriesVariable N Mean Median TrMean StDev SE MeanAsia 30 111910498 10615903 38180467 297988294 54404970Variable Minimum Maximum Q1 Q3Asia 339330 1298847624 2969311 53703362Figure 4: Descriptive Statistics of population of Asian countries2.3Box plotFigure5: Comparative Box plot of population by European and Asian countries2.4 HistogramsFigure 6: Histograms of the population of 30 European countriesFigure 7: Histogram of the population of 30 Asian countries2.5 Time series chartFigure 8: Time series chart of population of Sweden from year 1984 to 20033. FindingAmong all the European countries, Monaco has the lowest population of 32,270 persons whereas Russia has the highest population of 143,782,338 persons. It only has one outlier of the highest population. In contrast, among all the Asian countries, Maldives has the lowest population of 33,933 persons whereas China has the highest population of 1,298,847,624 persons. There are six outliers. There can be seen in figure 1, 2, 3, 4 and 5.On overage population of Asia is higher than European, this may because of China has great land area (9,326,410 sq km) in Asia; the population is too difficult to control in this kind of countries. Most of European countries cover the areas are not as big as China, except Russia, but Russian availed land is 7.33% and permanent crop is 0.11% and permafrost over much of Siberia is a major impediment to development, for these reasons the Russian population is very low....

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