Shawz

Mathematics Application & Interpretation Internal Assessment

Mrs. Powell Grade 11

Economic status of a country and the handling of coronavirus.

Content & Purpose of Investigation

Responses to the pandemic have often been framed in terms of striking a balance between

protecting people’s health and protecting the economy. There is an assumption that countries

face a trade-off between these two objectives. But is this assumption true?

A preliminary way of answering this question is to look at how the health and economic impacts

of the pandemic compare in different countries so far. Have countries with lower death rates

seen larger downturns? Comparing the COVID-19 death rate with the latest GDP data, we in

fact see the opposite: countries that have managed to protect their population’s health in the

pandemic have generally, also protected their economy too.

While there is no way to tell exactly what the economic damage from the global COVID-19

coronavirus pandemic will be, there is widespread agreement among economists that it will

have severe negative impacts on the global economy. Early estimates predicated that, should
the virus become a global pandemic; most major economies will lose at least. 2.9 percent of

their gross domestic product (GDP) over 2020. This forecast was already restated to a GDP

loss of 4.5 percent. To put this number in perspective, global GDP was estimated at around

87.55 trillion U.S. dollars in 2019 – meaning that a 4.5 percent drop in economic growth

amounts to almost 3.94 trillion U.S. dollars in lost economic output. Its spread has left national

economies and businesses counting the costs, as governments struggle with new lockdown

measures to tackle the spread of the virus. Despite the development of new vaccines, many are

still wondering what recovery could look like.

To evaluate the correlation between a country's economic status and the handling of

coronavirus and if there is a link between them, I will be using Pearson’s Correlation Coefficient.

An adequate form of understanding a nation's economic status is their Growth Domestic

Product per capita and alternatively, a way to perceive their handling of Covid-19 would be the

amount of Covid related deaths. Combining the two variables, it is possible to calculate a value

from the Pearson’s Correlation Coefficient which fundamentally supports in depicting whether

there is a link or not.

The mathematical operation Pearson’s Correlation Coefficient is derived from English

mathematician and biostatistician. He has been credited with establishing the discipline of

mathematical statistics and goes by the name of Karl Pearson. Pearson's correlation coefficient is

fundamentally a test on statistics to calculate the relationship between two alternate continuous

variables and is by far the most prominent and used method of measuring association.
 Investigation & Calculation

To create a more than adequate understanding of the results and relate or connect globally there must

be a limitation of regions the investigation will cater toward, furthermore generalizing the outcome to a

worldwide perspective. Hence, the continents of Europe & Asia will be the focus of this internal

assessment.

The overall method primarily consists of firstly collecting secondary data of the top 20 European

Countries by their Growth Domestic Product per capita as well as the Top 20 Asian Countries. Secondly,

accumulating statistics of the covid-related deaths in each of the top 20 European and Asian countries.

Moreover, after these sets of figures are successfully assembled, they can be put in the Pearson's

Correlation Coefficient Formula.

Top 20 European Countries by GDP per capita:

Top 20 Asian Countries by GDP per capita:

 From JHU CSSE COVID-19 Data

Covid-Related Deaths of the 20 European Countries

Belgium: 24,686

Bulgaria: 17,250

Czechia: 29,886

Denmark: 2,502

Germany: 86,100

Estonia: 1,220

Ireland: 4,941

Greece: 11, 365

Spain: 79, 339

France: 108,000

Croatia: 7,687
Italy: 124,000

Cyprus: 268

Latvia: 2,257

Lithuania: 4,088

Luxembourg: 806

Hungary: 29,114

Malta: 417

Netherlands: 17,436

Austria: 10,470

Covid-Related Deaths of the 20 Asian Countries

Pearson’s Correlation Coefficient Calculation :

European Countries:
X Values (Growth Domestic Product by Country):
33560

6600

17250

48250

34110

15250

61560

16300

22350

30480

11500

24640

23050

12130
13890

81290

12640

19990

40080

35490

Y Values (Covid – 19 Total Deaths Per Country):

24686

17250

29886

2,502

86,100

1,220

4,941

11, 365

79, 339

108,000

7,687

124,000

268

2,257

4,088

806

29,114

417

17,436

10,470

1.)

= Mean/Average
33560 + 6600 + 17250 + 48250 + 34110 + 15250 + 61560 + 16300 + 22350 + 30480 + 11500 + 24640 + 23050 + 12130 + 13890
+ 81290 + 12640 + 19990 + 40080 + 35490 = 560410

/ 20

= 28020.5

= Mean/Average
24686 + 17250 + 29886 + 2502 + 86100 + 1220 + 4,941 + 11365 + 79339 + 108000 + 7,687 + 124000 + 268 + 2257 + 4088 +
806 + 29114 + 417 + 17436 + 10470 = 561832

/ 20

= 28091.6

X - x̅ Y-ȳ (X - x)̅ × (Y - ȳ) (X - x)̅ ² (Y - ȳ) ²

5539.5 -3405.6 -18865321.2 30686060.25 -11598111.36

-21420.5 -10841.6 232232492.8 -458837820.25 -117540290.56

-10770.5 1794.4 -19326585.2 -116003670.25 3219871.36

20229.5 -25589.6 -517664813.2 409232670.25 -654827628.16

-12770.5 58008.4 -740796272.2 -163085670.25 3364974470.56

33539.5 -26871.6 -901260028.2 1124898060.25 -722082886.56

-11720.5 -23150.6 271336607.3 -137370120.25 -535950280.36

-5670.5 -16726.6 94848185.3 -32154570.25 -279779147.56

2459.5 51247.4 126042980.3 6049140.25 2626296006.76

-16520.5 79908.4 -1320126722.2 -272926920.25 6385352390.56

-3380.5 95908.4 -324218346.2 -11427780.25 9198421190.56

-4970.5 -27823.6 138297203.8 -24705870.25 -774152716.96

-15890.5 -25834.6 410524711.3 -252507990.25 -667426557.16

-14130.5 -24003.6 339182869.8 -199671030.25 -576172812.96

53269.5 -27285.6 -1453490269.2 2837639630.25 -744503967.36

-15380.5 1022.4 -15725023.2 -236559780.25 1045301.76

-8030.5 -27674.6 222240875.3 -64488930.25 -765883485.16

12059.5 -10655.6 -128501208.2 145431540.25 -113541811.36

7469.5 -17621.6 -131624541.2 55793430.25 -310520786.56

Σ= -3736893204.3