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The GDP per Capita and Education Expenditure per Capita are strongly correlated,&nbsp.r(46) = .967,&nbsp.p&nbsp.&lt. .001. Country’s GDP per Capita significantly predicts Education Expenditure per Capita,&nbsp.β = .967,&nbsp.t(46) = 25.64,&nbsp.p&nbsp.&lt. .001. Country’s GDP per Capita also explains a significant proportion of variance in Education Expenditure per Capita,&nbsp.R2&nbsp.= .935,&nbsp.F(1, 46) = 657.44,&nbsp.p&nbsp.&lt. .001. The linear regression equation is given byEducation Expenditure per Capita = -30.528 + 0.056(GDP per Capita).