QUESTION $1$

Gather yearly Gross Domestic Product $($GDP$)$ data and yearly unemployment rates $($UNRATE$)$ for the US starting with

$1960$ and ending with $1995.$ Run a regression with GDP and GDP$^2$ as your independent variables and

unemployment rate $($UNRATE$)$ as your dependent variable. Calculate R squared.

QUESTION $2$

For this question, use sheet $2$ of $2$SExcel. Run a regression with Age and GPA as your independent variables and

Income as your dependent variable. How many stars would you include next to the slope estimate of Age in a

regression table?

Data is from Excel sheet $2$ and is to be used with only Question $2$