3. The unemployment rate from Jan 96 through Dec 97 is given below. Create a run...
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3. The unemployment rate from Jan 96 through Dec 97 is given below. |
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|
Create a run chart. |
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|
Year |
Month |
Unemployment Rate |
|
1996 |
January |
5.7 |
|
1996 |
February |
5.5 |
|
1996 |
March |
5.5 |
|
1996 |
April |
5.5 |
|
1996 |
May |
5.6 |
|
1996 |
June |
5.3 |
|
1996 |
July |
5.5 |
|
1996 |
August |
5.1 |
|
1996 |
September |
5.2 |
|
1996 |
October |
5.2 |
|
1996 |
November |
5.4 |
|
1996 |
December |
5.4 |
|
1997 |
January |
5.3 |
|
1997 |
February |
5.3 |
|
1997 |
March |
5.2 |
|
1997 |
April |
5 |
|
1997 |
May |
4.9 |
|
1997 |
June |
5 |
|
1997 |
July |
4.8 |
|
1997 |
August |
4.8 |
|
1997 |
September |
4.9 |
|
1997 |
October |
4.7 |
|
1997 |
November |
4.6 |
|
1997 |
December |
4.7 |
Homework Answers
Run Chart for the above data in excel:
Trend line show -ve slope therefore there is a significant reduction in unemployment rate from 1996 to 1997
Add Answer to:
3. The unemployment rate from Jan 96 through Dec 97 is given
below.
Create a run...
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