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Please provide the answer to this task in Python As a quick review, the following column names are in the csv file Macro_Econonic.csv containing US
Please provide the answer to this task in Python
As a quick review, the following column names are in the csv file Macro_Econonic.csv containing US economic data from 1959 to 2009 Year = Date Qtr = Quarter Realgdp = Real GDP (\$bil) Realcons = Real consumption expenditures Realinvs = Real investment by private sector Realgovt = Real government expenditures Realdpi = Real disposable personal income CPI_U = Consumer price index M1 = Nominal money stock Tbilrate = Quarterly average of month end 90 day t bill rate Unemp = Unemployment rate Pop = Population, mil. interpolate of year end figures using constant growth rate per quarter Infl = Rate of inflation (first observation is missing) Realint = Ex post real interest rate = Tbilrate - Infl. ( First observation missing) Governments implement policies to manage their economies through periods of expansion and recession. Two key indicators of successful policies are the unemployment rate and the inflation rate. The data in the csv file contains data for these two variables, ie Unemp and Infl. Use hypothesis testing to determine if the mean values of these two variables from the 1970's, 1980's, 1990's and the 2000's are statistically the same or different. Develop your null and alternative hypothesis for each pairing of decades for both unemployment rate and inflation rate. Clearly state your hypothesis as comments in your notebook For each pair of decades, make a conclusion if the 2 variables (unemployment and inflation) are statistically the same or different at the 95% confidence level. Determine if you should use a two-tailed test are a one-tailed test and state your reasoningStep by Step Solution
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