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Below is a link to a file with several real-world data sets. Choose one of the variables (a column of data) and construct a confidence
Below is a link to a file with several real-world data sets. Choose one of the variables (a column of data) and construct a confidence interval. You can do this either by hand or by software. Either way, report your confidence interval in your initial post and then do the following: 1. Give an introduction to your variable (what do your numbers represent?). 2. What does the confidence interval say about the variable? Is there a large or small amount of spread?
Year | Unemployment rate in Maine | |
2007 | 4.7 | |
2008 | 5.3 | |
2009 | 8.4 | |
2010 | 8.4 | |
2011 | 7.7 | |
2012 | 7.2 | |
2013 | 6.7 | |
2014 | 5.6 | |
2015 | 4.4 | |
2016 | 3.8 | |
2017 | 3.1 |
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