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The following data shows how unemployment in Ontario compares with weekly income, number of job vacancies, and average weekly income between 2011 and 2018. Year

The following data shows how unemployment in Ontario compares with weekly income, number of job vacancies, and average weekly income between 2011 and 2018.

Year Average Weekly Income ($) Number of Job Vacancies ('000) Number of Unemployed Ontarians ('000)
2011 893 74.3 569.1
2012 906 79.1 573.8
2013 920 66.4 560.3
2014 938 76.0 540.7
2015 963 80.0 502.9
2016 974 79.1 489.9
2017 992 104.5 451.8
2018 1021 136.4 430.7
where

x1=x1= Year

x2=x2= Average Weekly Income ($)

x3=x3= Number of Job Vacancies ('000)

y=y= Number of Unemployed Ontarians ('000)

a. Use the data to develop a multiple regression equation to predict the Number of Unemployed Ontarians.

y=y=

++

x1+x1+

x2+x2+

x3x3Round to three decimal places

b. Predict the number of unemployed Ontarians in 2019 if average weekly income is $1,063 and the number of job vacancies is 157,000.

Round to the nearest whole number

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