Question: The data contained in the file named StateUnemp show the unemployment rate in March 2011 and the unemployment rate in March 2012 for every state

The data contained in the file named StateUnemp show the unemployment rate in March 2011 and the unemployment rate in March 2012 for every state and the District of Columbia (Bureau of Labor Statistics website, April 20, 2012). To compare unemployment rates in March 2011 with unemployment rates in March 2012, compute the first quartile, the median, and the third quartile for the March 2011 unemployment data and the March 2012 unemployment data. What do these statistics suggest about the change in unemployment rates across the states?

Step by Step Solution

★★★★★

3.32 Rating (161 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

For March 2011 The index for the first quartile is i 2510050 1250 so the first quartile is the value ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

995-M-S-N (2855).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!

The Health Care Cost Institute tracks health care expenditures for beneficiaries under the age of 65 who are covered by employer-sponsored private health insurance (Health Care Cost Institute...

You have been assigned to analyze the risk characteristics of these stocks. Prepare a report that includes but is not limited to the following items. a. Compute descriptive statistics for each stock...

Nielsen Media Research conducted a study of household television viewing times during the 8 p.m. to 11 p.m. time period. The data contained in the file named Nielsen are consistent with the findings...

The data given below show the unemployment rate in March 2011 and the unemployment rate in March 2012 for every state and the District of Columbia. Unemployment Rate Unemployment Rate State March...

14. Unemployment Rates by State. The U.S. Bureau of Labor Statistics collects data on unemployment rates in each state. The data contained in the file UnemploymentRates show the unemployment rate for...

The U.S. Bureau of Labor Statistics collects data on unemployment rates in each state. The data contained in the file UnemploymentRates show the unemployment rate for every state and the District of...

Hello Sir, Could you please assist this project urgently. I have to submit it by sunday. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K x Annual Report Pursuant to...

LONG-TERM LIABILITIES & BONDS PAYABLE Refer to the financial statements and notes to the financial statements. The first note, "Summary of Significant Accounting Policies," should provide information...

CURRENT ASSETS Refer to the notes to the financial statements. The first note, "Summary of Significant Accounting Policies," should provide information about the company's accounts receivables,...

A rock is dropped from a bridge to the water below. It takes 2.40 s for the rock to hit the water. (a) Find the speed (in m/s) of the rock as it hits the water. (b) How high (in metres) is the bridge...

The market demand curve in a commodity chemical industry is given by Q = 600 - 3P, where Q is the quantity demanded per month and P is the market price in dollars. Firms in this industry supply...

financial crisis of 2 0 0 7 and mutual funds

Suppose that in Figure 2-4 , the nation with otherwise the same background conditions as in Problem 2-23 currently has sufficient resources to produce combinations located along only the innermost...

J.D. Power and Associates surveys new automobile owners to learn about the quality of recently purchased vehicles. The following questions were asked in the J.D. Power Initial Quality Survey, May...

Consider the following data. a. Develop a frequency distribution using classes of 12-14, 15-17, 18-20, 21-23, and 24-26. b. Develop a relative frequency distribution and a percent frequency...

Consider the following data. a. Construct a dot plot. b. Construct a frequency distribution. c. Construct a percent frequency distribution. 8.9 10.2 11.5 7.8 10.0 12.213.5 14. 0.0 12.2 6.8 9.5 11.5...

please answer all the parts! OpenSeas, Inc. is evaluating the purchase of a new cruise ship. The ship wit cost $495 million and will operate for 20 years. OpenSeas expects annual cash flows from...

1. FM Company has two divisions: Textile (Total Capital Requirement $4,22,101 and Pharmaceutical (Total Capital Requirement = $42,210 . Each division employs debt equal to $16,000 and preferred stock...

Suppose the Japanese yen exchange rate is 84.47 = $1, and the British pound exchange rate is 1 = $1.63. (Enter your answer as directed, but do not round intermediate calculations.) Suppose the...