The state of South lowa currently has a robbery rate of 77.5, a 186.3 CarTheft rate, a GUnemploy" rate of 3.7 (be sure to use 3.7 consistent with the underlying data, not 3.7% or 0.037; be careful of the units on all the variables), a %Bachelors+" rate of 34.1%, and an average annual temperature of 57.8. Recent economic changes have led to the unemployment rate rising to 4.6. This change will likely be associated with the Robbery rate changing from about 77.5 robberies (per 100,000 inhabitants) to about robberies.
The state of South lowa currently has a robbery rate of 77.5, a 186.3 CarTheft rate, a GUnemploy" rate of 3.7 (be sure to use 3.7 consistent with the underlying data, not 3.7% or 0.037; be careful of the units on all the variables), a %Bachelors+" rate of 34.1%, and an average annual temperature of 57.8. Recent economic changes have led to the unemployment rate rising to 4.6. This change will likely be associated with the Robbery rate changing from about 77.5 robberies (per 100,000 inhabitants) to about robberies.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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