Superior Essay Writers | Happiness and ecological footprint

Happiness and ecological footprint

The following scenario and corresponding Figure 2.58 are provided below.
The website TED.com offers free short presentations called TED Talks, which cover a variety of interesting subjects. One of the talks is titled The Happy
Planet Index. In it, Nic Marks comments that we regularly measure and report economic data on countries, such as gross national product, when we really
ought to be measuring the well-being of the people in the countries. He calls this measure “Happiness,” and the larger the number in a country, the greater the
level of happiness, health, and well-being. In addition, Marks believes we ought to be measuring the ecological footprint per capita of the country, with larger
numbers indicating greater use of resources (such as gas and electricity) and more damage to the planet. Both variables are quantitative (continuous).
Prompt
For this short paper assignment, complete the following:
For the graph, interpret what the graph is telling us about happiness and ecological footprint, as described above.
Estimate and provide a range (minimum to maximum value), with a width no more than 0.2, for where you think the correlation statistic falls and support your
decision with an explanation of the data points you see. Note: You are being asked to estimate the correlation statistic, you do not have to calculate the exact
value.
What could affect the size of the correlation statistic?
In regard to the actual data points (hint: what are we assuming about the data?)
In regard to how the variables were measured (i.e., what information is used to define them, as well as other potential information not considered?)
What to Submit
Submit your paper as a Microsoft Word document with double spacing, 12-point Times New Roman font, and one-inch margins. References are not required.
The point of this paper is to show how well you interpret a scatterplot and correlation. However, if you do provide information from a published resource, be
sure to cite and reference it.
The website for the article The HappyPlanet is
https://www.ted.com/talks/nic_marks_the_happy_planet_index

Sample Solution

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