For your chosen country, complete the table with quarterly (not seasonally adjusted) unemployment rate for 2000 - 2018. Data can be obtained from https://fred.stlouisfed.org/categories/33219?cid=33219&et=&ob=pv&od=desc&pageID=1 &t=quarterly. Year Quarter Unemployment rate PART A (a) Using R-Studio, estimate the data to determine the effect of time (period) on the unemployment rate of your selected country. Determine the trend line and illustrate on a graph. (All codes and output should be provided). (b) Obtain the projected rates for 2019. Provide a table with your output variables. Period Forecast
For your chosen country, complete the table with quarterly (not seasonally adjusted) unemployment rate for 2000 - 2018. Data can be obtained from https://fred.stlouisfed.org/categories/33219?cid=33219&et=&ob=pv&od=desc&pageID=1 &t=quarterly. Year Quarter Unemployment rate PART A (a) Using R-Studio, estimate the data to determine the effect of time (period) on the unemployment rate of your selected country. Determine the trend line and illustrate on a graph. (All codes and output should be provided). (b) Obtain the projected rates for 2019. Provide a table with your output variables. Period Forecast
Chapter4: Linear Functions
Section4.3: Fitting Linear Models To Data
Problem 24SE: Table 6 shows the year and the number ofpeople unemployed in a particular city for several years....
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