You hear that the unemployment rate has dropped over the last month from 5.6% to 5.5%. Statistically
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You hear that the unemployment rate has dropped over the last month from 5.6% to 5.5%. Statistically speaking, is this a real decline? What other information do you need to determine if this is a real decrease?
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This cannot be called significant drop beca...View the full answer
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Related Book For 
Introduction to Econometrics
ISBN: 978-0133595420
3rd edition
Authors: James H. Stock, Mark W. Watson
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