Statistical Techniques in Business and Economics
Statistical Techniques in Business and Economics
18th Edition
ISBN: 9781260579611
Author: Douglas Lind; William Marchal; Samuel Wathen
Publisher: MCGRAW-HILL HIGHER EDUCATION
Question
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Chapter 18, Problem 2P

a.

To determine

To calculate: A simple average unemployment index for the region for 2010 using the national unemployment rate 9.3% as the base.

b.

To determine

To calculate: A simple average unemployment index for the region for 2019 using the national unemployment rate 3.6% as the base.

c.

To determine

To calculate: A weighted unemployment index using the Laspeyre’s method taking 2010 as the base period.

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