Using unemployment data provided by the World Bank, investigate the association between the male unemployment rate in

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Using unemployment data provided by the World Bank, investigate the association between the male unemployment rate in 2014 and 2017.

a) Find a regression model predicting the 2017 rate from the 2014 rate.

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 2017 rate is accounted for by the regression model?

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Business Statistics

ISBN: 9780134705217

4th Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

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