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3. Consider the following data, taken from the Federal Reserve Bank's Web site. Perform the graphing exercises below using a computer spreadsheet or presentation program. Unemployment rate Inflation (%) (% per year) 9.3 9.6 8.9 8.1 7.4 6.2 5.3 4.9 4.4 3.9 Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 -0.4 1.6 3.2 2.1 1.5 1.6 0.1 1.3 2.1 2.4 a. Looking at the data listed in the chart, can you detect a trend in the unemployment rate during these years? In the inflation rate? If so, what sort of trends do you see? Create a time-series graph for the unemployment rate during 2009-2018. b. C. Create a scatter-plot graph with the unemployment rate on the horizontal axis and inflation on the vertical axis. d. Using your graph in part (c), do the two variables seem to have an empirical relationship during this period, or do the points seem to be randomly scattered? If there appears to be an empirical relationship, is it inverse or direct?

3. Consider the following data, taken from the Federal Reserve Bank's Web site. Perform the graphing exercises below using a computer spreadsheet or presentation program. Unemployment rate Inflation (%) (% per year) 9.3 9.6 8.9 8.1 7.4 6.2 5.3 4.9 4.4 3.9 Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 -0.4 1.6 3.2 2.1 1.5 1.6 0.1 1.3 2.1 2.4 a. Looking at the data listed in the chart, can you detect a trend in the unemployment rate during these years? In the inflation rate? If so, what sort of trends do you see? Create a time-series graph for the unemployment rate during 2009-2018. b. C. Create a scatter-plot graph with the unemployment rate on the horizontal axis and inflation on the vertical axis. d. Using your graph in part (c), do the two variables seem to have an empirical relationship during this period, or do the points seem to be randomly scattered? If there appears to be an empirical relationship, is it inverse or direct?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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3. Consider the following data, taken from the Federal Reserve Bank's Web site. Perform the graphing exercises below using a computer spreadsheet or presentation program. Unemployment rate Inflation (%) (% per year) 9.3 -0.4 9.6 1.6 8.9 3.2 8.1 2.1 7.4 1.5 6.2 1.6 5.3 0.1 4.9 1.3 4.4 2.1 3.9 2.4 Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 a. Looking at the data listed in the chart, can you detect a trend in the unemployment rate during these years? In the inflation rate? If so, what sort of trends do you see? Create a time-series graph for the unemployment rate during 2009-2018. b. Create a scatter-plot graph with the unemployment rate on the horizontal axis and inflation on the vertical axis. d. C. Using your graph in part (c), do the two variables seem to have an empirical relationship during this period, or do the points seem to be randomly scattered? If there appears to be an empirical relationship, is it inverse or direct?
Transcribed Image Text:3. Consider the following data, taken from the Federal Reserve Bank's Web site. Perform the graphing exercises below using a computer spreadsheet or presentation program. Unemployment rate Inflation (%) (% per year) 9.3 -0.4 9.6 1.6 8.9 3.2 8.1 2.1 7.4 1.5 6.2 1.6 5.3 0.1 4.9 1.3 4.4 2.1 3.9 2.4 Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 a. Looking at the data listed in the chart, can you detect a trend in the unemployment rate during these years? In the inflation rate? If so, what sort of trends do you see? Create a time-series graph for the unemployment rate during 2009-2018. b. Create a scatter-plot graph with the unemployment rate on the horizontal axis and inflation on the vertical axis. d. C. Using your graph in part (c), do the two variables seem to have an empirical relationship during this period, or do the points seem to be randomly scattered? If there appears to be an empirical relationship, is it inverse or direct?
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