For the following exercises, use Table 4 which shows the percent of unemployed persons 25 years or
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For the following exercises, use Table 4 which shows the percent of unemployed persons 25 years or older who are college graduates in a particular city, by year.
Determine whether the trend appears linear. If so, and assuming the trend continues, find a linear regression model to predict the percent of unemployed in a given year to three decimal places.
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Year Percent Graduates 2000 8.5 2002 8.0 Table 4 2005 7.2 2007 6.7 2010 6.4
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