Using table 1 Identify the significant variable that are useful in taking decisions to increase the tourists’ inflow. Predict the growth in receipts from tourists over time in 2020, 2021 and 2022. And when the world per capita gross national income rises to $10,000, inflation rate goes up to 5.3, gross saving percentage to GDP is 24.

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Table 1 shows the historical data of the international tourism trend, world per capita Gross National Income, the inflation rate, and the gross saving to GDP. The relationship among these variables can be used to predict tourist increase. Correlation analysis shows the relationships among these variables. Table 2 shows the observed correlation among the dependent and independent variables. According to the correlation analysis, World Per capita Gross National income and Gross savings % to GDP are the two-significant variables that are useful in making decisions to increase the tourists’ inflow.

Years	International Tourism Receipts (US$ millions)	World Per capita Gross National lncome US $	Inflation rate	Gross savings % to GDP
1950	2,100	310	2.5	18
1960	6,867	466	3.4	20
1970	17,900	779	4.15	24
1980	102,372	2552	13.16	23
1985	116,158	2510	5.45	23.27
1990	255,000	4094	7.60	23.52
1995	372,000	5083	7.68	23.25
2000	477,000	5296	5.29	24.74
2001	463,600	5264	3.47	23.99
2005	680,000	7122	5.49	25.55
2010	868.400	9090	4.44	24.49
2020	–
2021
2022

Table 1 International Tourists

	International Tourism Receipts (US$ millions)	World Per capita Gross National lncome US $	Inflation rate	Gross savings % to GDP
International Tourism Receipts (US$ millions) (Y)	1
World Per capita Gross National lncome US $ (X1)	0.984578817	1
Inflation rate (X2)	-0.062053884	0.075883512	1
Gross savings % to GDP (X3)	0.670948188	0.720829037	0.268151892	1

Table 2 Correlation among the dependent and independent variables

Regression analysis shows that the following relationship exists among the independent variable (X1, X2, X3) and dependent variable (Y)
Y = 43744.70 + 104.25 X1 – 13139.80 X2 – 2892.93 X3
Table 3 shows the growth in the receipts from the tourists over time in 2020, 2021, and 2022.

Years	International Tourism Receipts (US$ millions)
2020	1,326,053.80
2021	1,073,879.28
2022	1,178,995.96

Table 3 International tourism receipts

Additionally, when the world per capita gross national income rises to $10,000, the inflation rate goes up to 5.3, and the gross saving percentage to GDP is 24, the international tourists’ receipt would increase to the US $ 947,173.44.

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Academic.Tips. (2021) 'Using table 1 Identify the significant variable that are useful in taking decisions to increase the tourists’ inflow. Predict the growth in receipts from tourists over time in 2020, 2021 and 2022. And when the world per capita gross national income rises to $10,000, inflation rate goes up to 5.3, gross saving percentage to GDP is 24'. 11 June.

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Academic.Tips. (2021, June 11). Using table 1 Identify the significant variable that are useful in taking decisions to increase the tourists’ inflow. Predict the growth in receipts from tourists over time in 2020, 2021 and 2022. And when the world per capita gross national income rises to $10,000, inflation rate goes up to 5.3, gross saving percentage to GDP is 24. https://academic.tips/question/using-table-1-identify-the-significant-variable-that-are-useful-in-taking-decisions-to-increase-the-tourists-inflow-predict-the-growth-in-receipts-from-tourists-over-time-in-2020-2021-and-2/

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Academic.Tips. 2021. "Using table 1 Identify the significant variable that are useful in taking decisions to increase the tourists’ inflow. Predict the growth in receipts from tourists over time in 2020, 2021 and 2022. And when the world per capita gross national income rises to $10,000, inflation rate goes up to 5.3, gross saving percentage to GDP is 24." June 11, 2021. https://academic.tips/question/using-table-1-identify-the-significant-variable-that-are-useful-in-taking-decisions-to-increase-the-tourists-inflow-predict-the-growth-in-receipts-from-tourists-over-time-in-2020-2021-and-2/.

1. Academic.Tips. "Using table 1 Identify the significant variable that are useful in taking decisions to increase the tourists’ inflow. Predict the growth in receipts from tourists over time in 2020, 2021 and 2022. And when the world per capita gross national income rises to $10,000, inflation rate goes up to 5.3, gross saving percentage to GDP is 24." June 11, 2021. https://academic.tips/question/using-table-1-identify-the-significant-variable-that-are-useful-in-taking-decisions-to-increase-the-tourists-inflow-predict-the-growth-in-receipts-from-tourists-over-time-in-2020-2021-and-2/.

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Academic.Tips. "Using table 1 Identify the significant variable that are useful in taking decisions to increase the tourists’ inflow. Predict the growth in receipts from tourists over time in 2020, 2021 and 2022. And when the world per capita gross national income rises to $10,000, inflation rate goes up to 5.3, gross saving percentage to GDP is 24." June 11, 2021. https://academic.tips/question/using-table-1-identify-the-significant-variable-that-are-useful-in-taking-decisions-to-increase-the-tourists-inflow-predict-the-growth-in-receipts-from-tourists-over-time-in-2020-2021-and-2/.

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"Using table 1 Identify the significant variable that are useful in taking decisions to increase the tourists’ inflow. Predict the growth in receipts from tourists over time in 2020, 2021 and 2022. And when the world per capita gross national income rises to $10,000, inflation rate goes up to 5.3, gross saving percentage to GDP is 24." Academic.Tips, 11 June 2021, academic.tips/question/using-table-1-identify-the-significant-variable-that-are-useful-in-taking-decisions-to-increase-the-tourists-inflow-predict-the-growth-in-receipts-from-tourists-over-time-in-2020-2021-and-2/.

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