consider the following data , which Unemployment Rate is the dependent variable and the others is independent variable ,with a 14 observations .

using the Excel Program, you are required to :

1. Run a linear multiple regression.

2. Interpret your results, set the Null hypothesis and the alternative, state whether your independent variable are statistically significant, explain your answer.

3. Run a forecasts for (2021 , 2022, 2023 ) periods a head (years, quarters, months), show and explain your assumptions?

Regards

DATE Labour Force Participation Rate | Full Employment Rate Underemployment Rate Unemployment Rate 2007 43.7 72.6 9.5 17.9 2008 43.0 74.3 6.8 18.95 2009 43.8 76.0 6.2 17.825 2010 43.7 75.1 7.8 17.175 2011 45.5 74.3 8.4 17.3 2012 45.5 73.8 7.2 19.0 2013 45.0 75.5 5.9 18.6 2014 46.6 76.1 6.2 17.7 2015 46.1 80.0 2.8 17.3 2016 45.6 79.7 2.1 18.2 2017 45.8 79.4 1.9 18.7 2018 46.1 80.8 1.5 17.6 2019 46.4 84.2 1.3 14.6 2020 44.5 83.1 1.2 15.7