Empirical Analysis 20 18 16 14 12 10 8 6 4 2 0 0 500 EDUCATION VS. WAGES 1000 1500 2000 2500 3000 3500
Empirical Analysis 20 18 16 14 12 10 8 6 4 2 0 0 500 EDUCATION VS. WAGES 1000 1500 2000 2500 3000 3500
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Please analyze this graph. Here a example, how to analyze
![Empirical Analysis
We begin our analysis by describing the simple relationship between crime rates (crmrte) and the
unemployment rate (unem) across 46 cities. The crime rate is measured as crimes per 1,000 people and
the unemployment rate is measured in percent. The following scatter plot shows the data from our
sample:
200
180
160
140
120
100
80
60
40
20
0
0
Crime Rate (per 1,000) vs. Unemployment Rate
(%)
2
4
6
8
8
10
12
The graph does not show a very clear relationship, but there is a slight negative tendency in it. This
would suggest that a higher unemployment rate is associated with less crime, contrary to what our](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2e85a5a8-e386-4a1f-9ea6-70e172aebee3%2Fe03fc0bc-ca86-4cf7-8dee-96095181d2ee%2F57z1ktj_processed.png&w=3840&q=75)
Transcribed Image Text:Empirical Analysis
We begin our analysis by describing the simple relationship between crime rates (crmrte) and the
unemployment rate (unem) across 46 cities. The crime rate is measured as crimes per 1,000 people and
the unemployment rate is measured in percent. The following scatter plot shows the data from our
sample:
200
180
160
140
120
100
80
60
40
20
0
0
Crime Rate (per 1,000) vs. Unemployment Rate
(%)
2
4
6
8
8
10
12
The graph does not show a very clear relationship, but there is a slight negative tendency in it. This
would suggest that a higher unemployment rate is associated with less crime, contrary to what our
![Empirical Analysis
20
18
16
14
12
10
8
6
4
2
0
0
500
EDUCATION VS. WAGES
1000
1500
2000
2500
3000
3500](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2e85a5a8-e386-4a1f-9ea6-70e172aebee3%2Fe03fc0bc-ca86-4cf7-8dee-96095181d2ee%2F0syzm4q_processed.png&w=3840&q=75)
Transcribed Image Text:Empirical Analysis
20
18
16
14
12
10
8
6
4
2
0
0
500
EDUCATION VS. WAGES
1000
1500
2000
2500
3000
3500
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