Rate 2 1 3 4 6 5 below a Calculate the coefficient of

Last updated: 12/15/2023

Rate 2 1 3 4 6 5 below a Calculate the coefficient of correlation r 2 sses the unemployment rate decreases Please note that this data is graphed b Using the coefficient of correlation describe the strength and direction of this relationship 2 c Using the least squares regression the following was calculated a 0 3167 b 634 35 Plot this line of best fit on your scatter plot 2 d Based on this model what would you predict the unemployment rate to be in 1998 1 Year 1990 1991 1992 1993 1994 1995 1996 1997 15948 Unemployment Rate 5 3 3 4 2 9 2 7 2 7 3 2 5 2 1 24 6 x 3960100 3964081 3968064 3972049 3976036 3980025 3984016 3988009 31792380 y xy 28 09 10547 11 56 6769 4 8 41 5776 8 7 29 5381 1 7 29 5383 8 9 5985 6 25 4990 4 41 4193 7 82 3 49026 8 Unemployment Rate 0 1990 1991 1992 1993 1994 1995 1996 1997 1998