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How chinese investment effects African economy

a. For each one, tell me if it is Quantitative, Categorical-Ordinal or Categorical-Nominal.b. Break down each Categorical-Nominal variable into a series of dummies, as shown in Handout 6. (If your dependent variable is Categorical-Nominal you will have to summarize it using a single dummy.)2. Plot your dependent variable against each of your quantitative independent variables. (You can skip this step for categorical variables.)3. Regress your dependent variable against each of your independent variables (or series of dummies), one at a time. In each case:a. Write out the coefficients in equation formatb. Indicate whether the slopes are statistically significant at the .05 levelc. Note the R2 statistic4. Regress your dependent variable against all of your independent variables (or series of dummies) simultaneously.a. Write out the coefficients in equation formatb. Note how much the slopes changed from the bivariate equation c. Note whether a slope’s statistical significance changedd. Note the R2 statisticPrint out both your analysis and the computer output and staple them together.

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