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This document provides data on GDP per Capita for different years. It includes the year and the corresponding GDP per Capita value.

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Question 1:

a) Check online (VU Collaborate) the years that other students have chosen' ensure you choose a

different year then choose the starting year that you have chosen and announce it online to

your classmates.

State the year you have chosen

Answer

I have chosen the year 1986

b) State the ending year so that you have data from between 20 consecutive years.

Answer

The ending year is 2005

Question 2:

a) Identify and list at least 5 of the quantitative variables mentioned in the articles

Answer

Population

Net immigration

Unemployment rate

GDP

Wages

b) These articles claim that the Australian government policy over the last decades of maintaining a

relatively high immigration rate has caused the economy (the gross domestic product or the

GDP) and the population as a whole to grow.

From one of the articles cut and paste a quote where this effect of immigration on population is

stated or implied. Be sure to reference it correctly using the Harvard referencing method.

Answer

“When you have a population growing that fast, you need to create a lot of jobs just to keep up”

(Carrington, 2017). There is swelling in the population growth as a result of new migrants.

Question 3:

a) Extracted data on total population

Answer

Year Total Pop. Year Total Pop.

1994 17,900,000 2004 20,100,000

1995 18,100,000 2005 20,400,000

1996 18,300,000 2006 20,700,000

1997 18,500,000 2007 21,100,000

1998 18,700,000 2008 21,500,000

1999 19,000,000 2009 21,900,000

2000 19,200,000 2010 22,300,000

a) Check online (VU Collaborate) the years that other students have chosen' ensure you choose a

different year then choose the starting year that you have chosen and announce it online to

your classmates.

State the year you have chosen

Answer

I have chosen the year 1986

b) State the ending year so that you have data from between 20 consecutive years.

Answer

The ending year is 2005

Question 2:

a) Identify and list at least 5 of the quantitative variables mentioned in the articles

Answer

Population

Net immigration

Unemployment rate

GDP

Wages

b) These articles claim that the Australian government policy over the last decades of maintaining a

relatively high immigration rate has caused the economy (the gross domestic product or the

GDP) and the population as a whole to grow.

From one of the articles cut and paste a quote where this effect of immigration on population is

stated or implied. Be sure to reference it correctly using the Harvard referencing method.

Answer

“When you have a population growing that fast, you need to create a lot of jobs just to keep up”

(Carrington, 2017). There is swelling in the population growth as a result of new migrants.

Question 3:

a) Extracted data on total population

Answer

Year Total Pop. Year Total Pop.

1994 17,900,000 2004 20,100,000

1995 18,100,000 2005 20,400,000

1996 18,300,000 2006 20,700,000

1997 18,500,000 2007 21,100,000

1998 18,700,000 2008 21,500,000

1999 19,000,000 2009 21,900,000

2000 19,200,000 2010 22,300,000

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2001 19,400,000 2011 22,600,000

2002 19,600,000 2012 22,900,000

2003 19,800,000 2013 23,200,000

b) Line graph representation of the data

Answer

c) Absolute change in population

Answer

Year Total Pop. Absolute

change in pop.

Year Total

Pop.

Absolute

change in pop.

1994 17,900,000 2004 20100000 300000

1995 18,100,000 200,000 2005 20400000 300000

1996 18,300,000 200,000 2006 20700000 300000

1997 18,500,000 200,000 2007 21100000 400000

1998 18,700,000 200,000 2008 21500000 400000

1999 19,000,000 300,000 2009 21900000 400000

2000 19,200,000 200,000 2010 22300000 400000

2001 19,400,000 200,000 2011 22600000 300000

2002 19,600,000 200,000 2012 22900000 300000

2003 19,800,000 200,000 2013 23200000 300000

d) Average absolute change

Answer

Average absolute change=∑ xi

n = 200000+…+300000

19 = 5300000

19 =278,947.37

e) Percentage increase in population that is the relative change over the 20 year period

2002 19,600,000 2012 22,900,000

2003 19,800,000 2013 23,200,000

b) Line graph representation of the data

Answer

c) Absolute change in population

Answer

Year Total Pop. Absolute

change in pop.

Year Total

Pop.

Absolute

change in pop.

1994 17,900,000 2004 20100000 300000

1995 18,100,000 200,000 2005 20400000 300000

1996 18,300,000 200,000 2006 20700000 300000

1997 18,500,000 200,000 2007 21100000 400000

1998 18,700,000 200,000 2008 21500000 400000

1999 19,000,000 300,000 2009 21900000 400000

2000 19,200,000 200,000 2010 22300000 400000

2001 19,400,000 200,000 2011 22600000 300000

2002 19,600,000 200,000 2012 22900000 300000

2003 19,800,000 200,000 2013 23200000 300000

d) Average absolute change

Answer

Average absolute change=∑ xi

n = 200000+…+300000

19 = 5300000

19 =278,947.37

e) Percentage increase in population that is the relative change over the 20 year period

Answer

Relative change= ( 23200000−17900000

17900000 )∗100 %=26.6089 %

f) At what annual rate of growth did the population grow?

Answer

1+ R

100 =(1+ r

100 )20

R=26.6089 %

1+ 26.6089

100 =( 1+ r

100 )

20

1.266089= (1+ r

100 )20

1.2660891 /20=1+ r

100

r

100 =1.2660891/ 20−1

r = ( 1.2660891/ 20−1 ) ∗100

r = ( 1.01305−1 )∗100

r =1.305 %

g) Do the graph and your calculations confirm that the population has grown?

Answer

Yes both the graph and the calculations fully confirm that the population has really grown.

h) Research online for Australia GDP in 2018, write down the number you find in words, scientific

notation, state the date at which the estimate was made for, and cite the source of your

information.

Answer

The population of Australia as by 2018 is recorded as 2.5 ×107 (Australian Bureau of Statistics,

2018).

Question 4:

a) Data

Answer

Year GDP Year GDP

1998 3.99E+11 2008 1.05E+12

1999 3.88E+11 2009 9.26E+11

2000 4.15E+11 2010 1.14E+12

2001 3.78E+11 2011 1.39E+12

2002 3.94E+11 2012 1.54E+12

2003 4.66E+11 2013 1.57E+12

2004 6.12E+11 2014 1.46E+12

Relative change= ( 23200000−17900000

17900000 )∗100 %=26.6089 %

f) At what annual rate of growth did the population grow?

Answer

1+ R

100 =(1+ r

100 )20

R=26.6089 %

1+ 26.6089

100 =( 1+ r

100 )

20

1.266089= (1+ r

100 )20

1.2660891 /20=1+ r

100

r

100 =1.2660891/ 20−1

r = ( 1.2660891/ 20−1 ) ∗100

r = ( 1.01305−1 )∗100

r =1.305 %

g) Do the graph and your calculations confirm that the population has grown?

Answer

Yes both the graph and the calculations fully confirm that the population has really grown.

h) Research online for Australia GDP in 2018, write down the number you find in words, scientific

notation, state the date at which the estimate was made for, and cite the source of your

information.

Answer

The population of Australia as by 2018 is recorded as 2.5 ×107 (Australian Bureau of Statistics,

2018).

Question 4:

a) Data

Answer

Year GDP Year GDP

1998 3.99E+11 2008 1.05E+12

1999 3.88E+11 2009 9.26E+11

2000 4.15E+11 2010 1.14E+12

2001 3.78E+11 2011 1.39E+12

2002 3.94E+11 2012 1.54E+12

2003 4.66E+11 2013 1.57E+12

2004 6.12E+11 2014 1.46E+12

2005 6.93E+11 2015 1.35E+12

2006 7.46E+11 2016 1.21E+12

2007 8.52E+11 2017 1.32E+12

b) Line graph

Answer

c) Absolute change in population

Answer

Year GDP Absolute

change

Year GDP Absolute

change

1998 3.99E+1

1

2008 1.05E+12 2.01E+11

1999 3.88E+1

1

1.05E+10 2009 9.26E+11 1.26E+11

2000 4.15E+1

1

2.66E+10 2010 1.14E+12 2.18E+11

2001 3.78E+1

1

3.68E+10 2011 1.39E+12 2.5E+11

2002 3.94E+1

1

1.63E+10 2012 1.54E+12 1.49E+11

2003 4.66E+1

1

7.18E+10 2013 1.57E+12 3.03E+10

2004 6.12E+1

1

1.46E+11 2014 1.46E+12 1.09E+11

2005 6.93E+1

1

8.07E+10 2015 1.35E+12 1.16E+11

2006 7.46E+11 2016 1.21E+12

2007 8.52E+11 2017 1.32E+12

b) Line graph

Answer

c) Absolute change in population

Answer

Year GDP Absolute

change

Year GDP Absolute

change

1998 3.99E+1

1

2008 1.05E+12 2.01E+11

1999 3.88E+1

1

1.05E+10 2009 9.26E+11 1.26E+11

2000 4.15E+1

1

2.66E+10 2010 1.14E+12 2.18E+11

2001 3.78E+1

1

3.68E+10 2011 1.39E+12 2.5E+11

2002 3.94E+1

1

1.63E+10 2012 1.54E+12 1.49E+11

2003 4.66E+1

1

7.18E+10 2013 1.57E+12 3.03E+10

2004 6.12E+1

1

1.46E+11 2014 1.46E+12 1.09E+11

2005 6.93E+1

1

8.07E+10 2015 1.35E+12 1.16E+11

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2006 7.46E+1

1

5.29E+10 2016 1.21E+12 1.41E+11

2007 8.52E+1

1

1.06E+11 2017 1.32E+12 1.15E+11

d) Average absolute change

Answer

Average absolute change=∑ xi

n = 1.05E+10+ …+1.15E+11

19 =2.00E+12

19 =1.05E+11=1.05 ×1011

e) Percentage increase in population that is the relative change over the 20 year period

Answer

Relative change= ( 1.32E+12−3.99E+11

3.99E+11 )∗100 %=231.7683 %

f) At what annual rate of growth did the population grow?

Answer

1+ R

100 =(1+ r

100 )20

R=231.7683 %

1+ 231.7683

100 =( 1+ r

100 )

20

3.317683= ( 1+ r

100 )

20

3.3176831 /20=1+ r

100

r

100 =3.3176831/ 20−1

r = ( 3.3176831/ 20−1 )∗100

r = ( 1.061798−1 )∗100

r =6.1798 %

g) Do the graph and your calculations confirm that the GDP has grown?

Answer

Yes both the graph and the calculations fully confirm that the GDP has really grown.

h) Research online for Australia GDP in 2018, write down the number you find in words, scientific

notation, state the date at which the estimate was made for, and cite the source of your

information.

Answer

The GDP of Australia as by 2018 is recorded as 1.53 ×1012 (Australian Bureau of Statistics,

2018).

Question 5:

a) Downloaded data

1

5.29E+10 2016 1.21E+12 1.41E+11

2007 8.52E+1

1

1.06E+11 2017 1.32E+12 1.15E+11

d) Average absolute change

Answer

Average absolute change=∑ xi

n = 1.05E+10+ …+1.15E+11

19 =2.00E+12

19 =1.05E+11=1.05 ×1011

e) Percentage increase in population that is the relative change over the 20 year period

Answer

Relative change= ( 1.32E+12−3.99E+11

3.99E+11 )∗100 %=231.7683 %

f) At what annual rate of growth did the population grow?

Answer

1+ R

100 =(1+ r

100 )20

R=231.7683 %

1+ 231.7683

100 =( 1+ r

100 )

20

3.317683= ( 1+ r

100 )

20

3.3176831 /20=1+ r

100

r

100 =3.3176831/ 20−1

r = ( 3.3176831/ 20−1 )∗100

r = ( 1.061798−1 )∗100

r =6.1798 %

g) Do the graph and your calculations confirm that the GDP has grown?

Answer

Yes both the graph and the calculations fully confirm that the GDP has really grown.

h) Research online for Australia GDP in 2018, write down the number you find in words, scientific

notation, state the date at which the estimate was made for, and cite the source of your

information.

Answer

The GDP of Australia as by 2018 is recorded as 1.53 ×1012 (Australian Bureau of Statistics,

2018).

Question 5:

a) Downloaded data

Answer

Year Migration

1960 1700000

1965 2050000

1970 2460000

1975 2660000

1980 2900000

1985 3140000

1990 3960000

1995 4150000

2000 4390000

2005 4880000

2010 5880000

2015 6760000

b) Present the data in a line graph.

Answer

c) Absolute change in migration

Answer

Year Migration Absolute change

1960 1,700,000

1965 2,050,000 350,000

1970 2,460,000 410,000

1975 2,660,000 200,000

Year Migration

1960 1700000

1965 2050000

1970 2460000

1975 2660000

1980 2900000

1985 3140000

1990 3960000

1995 4150000

2000 4390000

2005 4880000

2010 5880000

2015 6760000

b) Present the data in a line graph.

Answer

c) Absolute change in migration

Answer

Year Migration Absolute change

1960 1,700,000

1965 2,050,000 350,000

1970 2,460,000 410,000

1975 2,660,000 200,000

1980 2,900,000 240,000

1985 3,140,000 240,000

1990 3,960,000 820,000

1995 4,150,000 190,000

2000 4,390,000 240,000

2005 4,880,000 490,000

2010 5,880,000 1,000,000

2015 6,760,000 880,000

d) Average absolute change

Answer

Average absolute change=∑ xi

n = 350000+ …+880000

11 = 5060000

11

¿ 460000

e) Percentage increase in population that is the relative change over the 20 year period

Answer

Relative change= ( 2900000−1700000

1700000 )∗100 %=70.5882 %

f) At what annual rate of growth did the immigrant grow?

Answer

1+ R

100 =(1+ r

100 )20

R=70.5882%

1+ 70.5882

100 = ( 1+ r

100 )

20

1.705882= ( 1+ r

100 )

20

1.7058821/ 20=1+ r

100

r

100 =1.7058821/ 20−1

r = ( 1.7058821/ 20−1 )∗100

r = ( 1.027064−1 )∗100

r =2.7064 %

g) Research online for Australia planned immigrant intake in 2019, write down the number you

find in words, scientific notation, state the date at which the estimate was made for, and cite

the source of your information.

Answer

The Australia planned immigrant intake in 2019 is 1.5 ×106 (Australian Bureau of Statistics,

2018)

1985 3,140,000 240,000

1990 3,960,000 820,000

1995 4,150,000 190,000

2000 4,390,000 240,000

2005 4,880,000 490,000

2010 5,880,000 1,000,000

2015 6,760,000 880,000

d) Average absolute change

Answer

Average absolute change=∑ xi

n = 350000+ …+880000

11 = 5060000

11

¿ 460000

e) Percentage increase in population that is the relative change over the 20 year period

Answer

Relative change= ( 2900000−1700000

1700000 )∗100 %=70.5882 %

f) At what annual rate of growth did the immigrant grow?

Answer

1+ R

100 =(1+ r

100 )20

R=70.5882%

1+ 70.5882

100 = ( 1+ r

100 )

20

1.705882= ( 1+ r

100 )

20

1.7058821/ 20=1+ r

100

r

100 =1.7058821/ 20−1

r = ( 1.7058821/ 20−1 )∗100

r = ( 1.027064−1 )∗100

r =2.7064 %

g) Research online for Australia planned immigrant intake in 2019, write down the number you

find in words, scientific notation, state the date at which the estimate was made for, and cite

the source of your information.

Answer

The Australia planned immigrant intake in 2019 is 1.5 ×106 (Australian Bureau of Statistics,

2018)

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h) Does this data confirm or contradict the statement about immigration in the media articles?

Answer

This does not contradict the statement about immigration in the media articles at all.

Question 6:

a) Data

Answer

Year GDP per Capita Year GDP per Capita

1998 21318.96 2008 49535.26

1999 20521.78 2009 42709.8

2000 21669.41 2010 51936.89

2001 19482.57 2011 62411.79

2002 20074.23 2012 67864.69

2003 23437.31 2013 67990.29

2004 30401.55 2014 62327.56

2005 33961.68 2015 56561.41

2006 36019.2 2016 49896.68

2007 40905.47 2017 53799.94

b) Graphical representation

Answer

c) Absolute change in GDP per Capita

Answer

Year GDP per

Capita

Absolute

change

Year GDP per

Capita

Absolute

change

1998 21318.96 2008 49535.26 8629.787

1999 20521.78 797.1866 2009 42709.8 6825.455

2000 21669.41 1147.633 2010 51936.89 9227.085

2001 19482.57 2186.843 2011 62411.79 10474.9

Answer

This does not contradict the statement about immigration in the media articles at all.

Question 6:

a) Data

Answer

Year GDP per Capita Year GDP per Capita

1998 21318.96 2008 49535.26

1999 20521.78 2009 42709.8

2000 21669.41 2010 51936.89

2001 19482.57 2011 62411.79

2002 20074.23 2012 67864.69

2003 23437.31 2013 67990.29

2004 30401.55 2014 62327.56

2005 33961.68 2015 56561.41

2006 36019.2 2016 49896.68

2007 40905.47 2017 53799.94

b) Graphical representation

Answer

c) Absolute change in GDP per Capita

Answer

Year GDP per

Capita

Absolute

change

Year GDP per

Capita

Absolute

change

1998 21318.96 2008 49535.26 8629.787

1999 20521.78 797.1866 2009 42709.8 6825.455

2000 21669.41 1147.633 2010 51936.89 9227.085

2001 19482.57 2186.843 2011 62411.79 10474.9

2002 20074.23 591.6614 2012 67864.69 5452.904

2003 23437.31 3363.083 2013 67990.29 125.6002

2004 30401.55 6964.243 2014 62327.56 5662.734

2005 33961.68 3560.127 2015 56561.41 5766.144

2006 36019.2 2057.521 2016 49896.68 6664.731

2007 40905.47 4886.268 2017 53799.94 3903.257

d) Average absolute change

Answer

Average absolute change=∑ xi

n = 797.1866+…+3903.257

19 = 88287.16

19

¿ 4646.693

e) Percentage increase in population that is the relative change over the 20 year period

Answer

Relative change= ( 53799.94−21318.96

21318.96 )∗100 %=81.6912 %

f) At what annual rate of growth did the GDP per Capita growth?

Answer

1+ R

100 =(1+ r

100 )20

R=81.6912%

1+ 81.6912

100 = (1+ r

100 )20

1.816912= ( 1+ r

100 )

20

1.8169121/ 20=1+ r

100

r

100 =1.8169121/ 20−1

r = ( 1.8169121/ 20−1 )∗100

r = ( 1.030307−1 )∗100

r =3.0307 %

g) Do the graph and your calculations confirm that the GDP per Capita has grown?

Answer

Yes both the graph and the calculations fully confirm that the population has really grown.

h) Research online for Australia population in GDP per Capita in 2018, write down the number you

find in words, scientific notation and cite the source of your information.

Answer

The Australia GDP per capita for 2018 is 5.782× 104 (Australian Bureau of Statistics, 2018)

i) Compare these results with the results obtained in Question 4 and state if the evidence confirms

or deny the claim made in the media article.

2003 23437.31 3363.083 2013 67990.29 125.6002

2004 30401.55 6964.243 2014 62327.56 5662.734

2005 33961.68 3560.127 2015 56561.41 5766.144

2006 36019.2 2057.521 2016 49896.68 6664.731

2007 40905.47 4886.268 2017 53799.94 3903.257

d) Average absolute change

Answer

Average absolute change=∑ xi

n = 797.1866+…+3903.257

19 = 88287.16

19

¿ 4646.693

e) Percentage increase in population that is the relative change over the 20 year period

Answer

Relative change= ( 53799.94−21318.96

21318.96 )∗100 %=81.6912 %

f) At what annual rate of growth did the GDP per Capita growth?

Answer

1+ R

100 =(1+ r

100 )20

R=81.6912%

1+ 81.6912

100 = (1+ r

100 )20

1.816912= ( 1+ r

100 )

20

1.8169121/ 20=1+ r

100

r

100 =1.8169121/ 20−1

r = ( 1.8169121/ 20−1 )∗100

r = ( 1.030307−1 )∗100

r =3.0307 %

g) Do the graph and your calculations confirm that the GDP per Capita has grown?

Answer

Yes both the graph and the calculations fully confirm that the population has really grown.

h) Research online for Australia population in GDP per Capita in 2018, write down the number you

find in words, scientific notation and cite the source of your information.

Answer

The Australia GDP per capita for 2018 is 5.782× 104 (Australian Bureau of Statistics, 2018)

i) Compare these results with the results obtained in Question 4 and state if the evidence confirms

or deny the claim made in the media article.

Answer

Comparing the results obtained in question 4, we can clearly see that we have enough evidence

that confirms the evidence made by the media article (Nikolić, Muresan, Feng, & Singer, 2012).

Question 7:

a) Data

Answer

Year GDP

growth

GDP per capita

growth

Year GDP

growth

GDP per capita

growth

1991 -0.38755 -1.64913 2001 1.93310

6

0.567907

1992 0.44261

6

-0.76878 2002 4.00302

2

2.741315

1993 4.03907

9

3.026189 2003 2.98574

5

1.722713

1994 3.97853

4

2.883717 2004 4.00110

6

2.802329

1995 3.82936

9

2.582635 2005 3.19031

6

1.837369

1996 3.87863

1

2.52278 2006 2.83423

3

1.328328

1997 3.96642 2.809803 2007 3.77732

9

3.131075

1998 4.57673

9

3.492463 2008 3.65776

7

1.601119

1999 5.01806

4

3.825055 2009 1.92272

7

-0.15645

2000 3.94318

9

2.711262 2010 2.05294

2

0.477801

b) Calculations

Answer

GDP

growth

GDP per capita

growth

Mean 3.182169 1.874475

Median 3.803349 2.552707

Max 5.018064 3.825055

Min -0.38755 -1.64913

Q1 2.63891 1.138223

Q3 3.984177 2.828282

IQR 1.345267 1.690059

Comparing the results obtained in question 4, we can clearly see that we have enough evidence

that confirms the evidence made by the media article (Nikolić, Muresan, Feng, & Singer, 2012).

Question 7:

a) Data

Answer

Year GDP

growth

GDP per capita

growth

Year GDP

growth

GDP per capita

growth

1991 -0.38755 -1.64913 2001 1.93310

6

0.567907

1992 0.44261

6

-0.76878 2002 4.00302

2

2.741315

1993 4.03907

9

3.026189 2003 2.98574

5

1.722713

1994 3.97853

4

2.883717 2004 4.00110

6

2.802329

1995 3.82936

9

2.582635 2005 3.19031

6

1.837369

1996 3.87863

1

2.52278 2006 2.83423

3

1.328328

1997 3.96642 2.809803 2007 3.77732

9

3.131075

1998 4.57673

9

3.492463 2008 3.65776

7

1.601119

1999 5.01806

4

3.825055 2009 1.92272

7

-0.15645

2000 3.94318

9

2.711262 2010 2.05294

2

0.477801

b) Calculations

Answer

GDP

growth

GDP per capita

growth

Mean 3.182169 1.874475

Median 3.803349 2.552707

Max 5.018064 3.825055

Min -0.38755 -1.64913

Q1 2.63891 1.138223

Q3 3.984177 2.828282

IQR 1.345267 1.690059

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Box plots

c) Does GDP growth measure the absolute change or the relative change in GDP from year to year?

Answer

It measures relative change in GDP from year to year

d) Does this data confirm or contradict the statements in the media articles?

Answer

Yes indeed the data confirm the statements in the media articles.

Question 8:

a) Briefly summarize the data you have found using appropriate tables and graphs

Answer

Answer

It measures relative change in GDP from year to year

d) Does this data confirm or contradict the statements in the media articles?

Answer

Yes indeed the data confirm the statements in the media articles.

Question 8:

a) Briefly summarize the data you have found using appropriate tables and graphs

Answer

Total Pop.

House

Prices

Total Pop. 1

House Prices 0.986325 1

b) Include links to a website you have found containing relevant data.

Answer

The links to the data is given below;

https://www.gapminder.org/data/

Question 9:

In conclusion, this study sought to understand various economic parameters and compare with

what the media gives. Results showed that using the verified data sources we were able to confirm

the claims made by the media in regard to all the macroeconomic aspects discussed (Mahdavi

Damghani, 2012). For instance, we were able to analyze the trend analysis of the population growth

as well as the GDP growth and the results were totally in agreement with the media reports.

References

House

Prices

Total Pop. 1

House Prices 0.986325 1

b) Include links to a website you have found containing relevant data.

Answer

The links to the data is given below;

https://www.gapminder.org/data/

Question 9:

In conclusion, this study sought to understand various economic parameters and compare with

what the media gives. Results showed that using the verified data sources we were able to confirm

the claims made by the media in regard to all the macroeconomic aspects discussed (Mahdavi

Damghani, 2012). For instance, we were able to analyze the trend analysis of the population growth

as well as the GDP growth and the results were totally in agreement with the media reports.

References

Need help grading? Try our AI Grader for instant feedback on your assignments.

Australian Bureau of Statistics. (2018). Macroeconomic data.

Carringhton, C. (2017). Australian wages stall, as immigration soars. Retrieved March 25, 2019,

from https://www.abc.net.au/news/2017-12-22/wages-stall-as-population-soars/9281552

Mahdavi Damghani, B. (2012). The Misleading Value of Measured Correlation. Wilmott, 1(1),

64–73. doi:10.1002/wilm.10167

Nikolić, D., Muresan, R. C., Feng, W., & Singer, W. (2012). Scaled correlation analysis: a better

way to compute a cross-correlogram. European Journal of Neuroscience, 35(5), 1–21.

doi:10.1111/j.1460-9568.2011.07987.x

Carringhton, C. (2017). Australian wages stall, as immigration soars. Retrieved March 25, 2019,

from https://www.abc.net.au/news/2017-12-22/wages-stall-as-population-soars/9281552

Mahdavi Damghani, B. (2012). The Misleading Value of Measured Correlation. Wilmott, 1(1),

64–73. doi:10.1002/wilm.10167

Nikolić, D., Muresan, R. C., Feng, W., & Singer, W. (2012). Scaled correlation analysis: a better

way to compute a cross-correlogram. European Journal of Neuroscience, 35(5), 1–21.

doi:10.1111/j.1460-9568.2011.07987.x

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