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Topic: Business
Number of pages / Number of words: 3 / 585
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So the GDP have a direct relationship with rail freight.

3.3 Regression analysis

Table 4: regression analysis summary output

From table 4, R square is 0.978, which means GDP has a distinct linear relationship correlation with rail freight. The relationship can be expressed as:

Rail Freight (btk)=-29...


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The relationship can be expressed as:

Rail Freight (btk)=-29.7206+0.0002251GDP

3.4 Forecast GDP in 2015

Table 5: trend line of GDP

By using the exponential trend, the R square is 0.994, which means the result is very close to the real data. In year 2015, according to the formula: y = 324944e0.032x the GDP should be 1,216,646m with a MAD of 11122...


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