Consider the following table containing unemployment rates for a 10-year period. Year Unemployment Rate (%) 1 4.14.1
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Question:
Consider the following table containing unemployment rates for a 10-year period.
| Year | Unemployment Rate (%) |
|---|---|
| 1 | 4.14.1 |
| 2 | 5.45.4 |
| 3 | 10.310.3 |
| 4 | 4.24.2 |
| 5 | 6.56.5 |
| 6 | 4.94.9 |
| 7 | 5.15.1 |
| 8 | 8.18.1 |
| 9 | 10.410.4 |
| 10 | 9.89.8 |
Step1of2:
Given the model
What is the coefficient of determination for the regression model? Round your answers to two decimal places.
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