FINAL PROJECT Case Study Solution
ABSTRACT:
The rubric is to prepare a report on the milestone activities whereas, in milestone one, the data set has been chosen from which the research question has been formulated. The researches question for the report is ‘do the underdeveloped countries have developed higher density of population in comparison with developed countries since the turn of the century'? The data set chosen comes from World Bank the reason for choosing that data set is the authenticity of the source for such kind of data, and the analysis would help to understand the different roles that countries plays on various economic grounds and the effect of density of population on their activities. The milestone two contributes to formulating the decision analysis model explanation of the performance and the data preparation and builds ground for milestone 3. Evaluation of the model made and revision of the model has been done in module 3, how much the decision model serves the purpose for the detailed analysis of the report. This final report is the end product and the detailed analysis and explanation of all the milestones done and the results achieved i.e. the population of underdeveloped countries is more densely populated than the developed countries. This report provides the basis and in support of conclusions the stats and the figures and critical evaluation of the research question.
INTRODUCTION:
The final project is the end product of the activities performed before to reach the conclusion of the research paper. The topic chosen based on the density of population i.e. do the underdeveloped countries are more densely populated as compared to developed countries, and the data extraction was done from world bank record, to collect a broad range of suitable data world bank has been chosen. The comparison of the population difference and to evaluate the density of both the categories of counties i.e. developed and underdeveloped, statistical methods and techniques are used to provide more legitimate grounds for a conclusion.
The data collected for years from 1960 to 2015. The decision tree model is utilized for each set of a variable present in the data set. With more detailed analysis with the help of decision trees and revision of the decision trees according to the research objectives till the best approach is attained. The data set needs to be studied in detail to analyze the trend of growth in developed and underdeveloped countries to build concrete results. The research also has some limitations which have to be dealt with and mitigation of the limitations by detailed analysis is necessary in this regard. The series of milestones are designed to get the appropriate result, and in milestone one, the research question was formulated, and the dataset has been chosen to do further analysis. In milestone two, the basis of decision tree model has been established the calculations and techniques have been applied to extract the results on the decision tree basis.
In milestone three the required revision to the decision tree model has been made, and a correct approach has been established to reach the result, the sorting relating and calculation of the figures required for the interpretations were generated and evaluated. The results obtained which states that the underdeveloped countries are more densely populated than developed countries, detailed analysis has been done in this regard. This report has contained the relevant and required information related to all milestones to produce the end results.
DEVELOPED COUNTRIES:
Before starting the detailed discussion on population density it has to be established that what are developed countries? It is necessary for the discussion the evaluation of traits of developed and under developed countries. The questions are, what are the characteristics that make any country developed, under developed or in a developing state. The answer is, when economically a country shows favorable upward trend, it is technologically forward, industrialized sovereign state with high GDP and GNP rates.
Moreover, the general standard of living is high in developed countries with more reliance on service sector for generating wealth. Developed countries has increased levels of per capita income due to high levels of GDP. The purchasing power of the people are high due to increased income level which contributes to the overall prosperity of the economy and the people of developed state.
FINAL PROJECT– DELIVERABLE 3 Harvard Case Solution & Analysis12345
UNDERDEVELOPED COUNTRIES:
In contrast to developing countries, underdeveloped countries are those countries which are lacing in many economic grounds. Underdeveloped countries lack technological advancement, industrialization, healthcare, education and many other cultural norms. The life expectancy of the underdeveloped countries is also less if we compare to developing or developed countries. The GDP level is also less due to lack of resources because such countries are poor and cannot develop programs for economic growth and such development models which are necessary for the growth of the nation.
The research question is based on comparison of developed and underdeveloped countries for determining the density of population in each of the above type of countries. Density of population can be explained as...............
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