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Running head: STATISTICS CASE ANALYSISStatistics case analysisStudent’s nameInstitutional affiliationDate
STATISTICS CASE ANALYSIS2A GEM of a Study1.What are the independent and dependent variables in this study?Through GEM Conceptual Model, the independent variables in this study are entrepreneurial framework conditions, entrepreneurial capacity, entrepreneurial opportunities, and general national framework conditions because these variables cannot be changed by other variables. More importantly, there are other concepts within these independent variables that provide an opportunity to further explore the nature of constructs and breakdown such complex independent variable into more simple and measurable elements. On the other hand, the first dependent variable is economic growth measured through job opportunities and Gross Domestic Product. The last dependent variable is business dynamics since the sub-variables such as new firms and job creation relies on entrepreneurial innovativeness.