Explain an explanation of the Economic Freedom Index data as your independent variable and one of the following factors as your dependent variable.

Research Paper: Each student should choose a topic related to Economic Freedom to research and write a paper about (between 12 to 15 pages, not including the references.) You should use some references (Books, research papers, reports, etc). NO internet sources. I will help you in choosing the topic. You should come to my office, and we will discuss the choice of the topic you will work on. You should do that no later than the Third Week in the semester. The research paper needs to be a Quantitative analysis of subjects related and effected by Economic Freedom. This means you need to collect data about the variables and analyze their relationship through some statistical software (Excel is ok, and no problem if you chose another software). Here what you need to do specifically: You need to use the data on the Economic Freedom Index as your independent variable, and one of the following variables as your dependent variable and find the correlation coefficient between the two variables and show us the relationship graphically: The potential variables (as dependent variables) that you can chose among, but not limited to, are the following: (1) Corruption, (2) Military Expenditure, (3) GDP Growth rate (4) Political Freedom, (5) Human Development (6) Poverty and Inequality, (7) Environmental Degradation and Pollution, (8) Misery Index. Additionally, each student should state the region that she/he will analyze. You can choose one of the following regions: Southeast Asia, Latin America, South America, Middle East and North Africa (MENA), Sub-Saharan Africa, and South Asia Countries. The paper worth 10 points of the total grade for the class. The paper should use the Chicago Manual Style of writing, double space, 1-inch margin. The paper should be given to the instructor in paper and electronic formats the Monday of the last week of the class (Monday December 4, 2023). The student should give the instructor a draft of the paper at the last week of October to show the progress of the work. Presentation: Each student should make a 10-15 minute Power Points presentation of the paper she/he wrote for the class. The student should allow 5 minutes of discussion with the class after the presentation. The Power Points of the Presentation should be sent to the instructor to share with the rest of the class as some questions on the final exam will come from these presentations. The presentation worth 10 Points of the class grade. I need to come with the ppt.