Youth unemployment. The United Nations has developed a set of millennium goals for countries, and the United

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Youth unemployment. The United Nations has developed a set of millennium goals for countries, and the United Nations Statistics Division (UNSD) maintains databases to measure economic progress toward these goals (unstats.un.org/unsd/mdg). Data extracted from this source are on the disk. One measure that is tracked is the youth (ages 15–24) unemployment rate in different countries.

Is the unemployment rate for the male youth related to the unemployment rate for the female youth?

a) Find a regression model predicting Male Rate from the Female Rate in 2005 for the sample of 57 countries provided by UNSD.

b) Examine the residuals to determine if a linear regression is appropriate.

c) Test an appropriate hypothesis to determine if the association is significant.

d) What percentage of the variability in the Male Rate is accounted for by the regression model?

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Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

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