Business Report
Introduction
GDP of a country is the final value of final goods and services produced within a country in a given
period. GDP is calculated on an annual basis. It is an indicator of the economic health of a country.
It basically includes all of private and public consumption, government outlays, investments and
difference between the exports and the imports within a region. To better prepare for the future,
the economists seek to predict future values of the Gross Domestic Product for the country, the
steps that nation must take in order to increase this value. Calculation of GDP is a complex
process and its values are used in major policy decisions of the country. The economists track the
factors like Inflation Rate, Unemployment Rate, Exchange Rate and Foreign Direct Investment
and believe that they contribute significantly to GDP of a nation. In order to test their
understanding, they want to develop a model which could predict the GDP using these
independent factors.
Problem Statement
The economists want to help nation improve its GDP, improvement in GDP will result to a
prosperous nation where individuals have no dearth of employment opportunities. They want to
