Statistics canada cansim database

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Obtain data on annual inflation (annual CPI), using the Statistics Canada CANSIM database (Excel File must be submitted).

a) For each decade from the 1960s through the 2019s compute the mean and standard deviation of inflation (annual CPI) over the decade and show in the Excel table. For instance, calculate the mean and the standard deviation for the 10 years from 1960 through 1969.

b. Make a graph that plots the mean of inflation against the standard deviation, with a point for each decade. What is the relation between the two variables? What might explain the relation found here?

Reference no: EM133128135

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