Unemployment rate, 2010. The histogram shows the monthly U.S. unemployment rate from January 2001 to January 2010.

Here is the time series plot for the same data.

a) What features of the data can you see in the histogram that aren’t clear in the time series plot?

b) What features of the data can you see in the time series plot that aren’t clear in the histogram?

c) Which graphical display seems the more appropriate for these data? Explain.

d) Write a brief description of unemployment rates over this time period in the United States.

Transcribed Image Text:

30 25 2225 20 15 10 # of Months 0 4 5 6 7 8 9 10 Unemployment Rate (%)