1. Quarterly % change Review the following chart from Statistics Canada. 4 3 2 1 O...
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1. Quarterly % change Review the following chart from Statistics Canada. 4 3 2 1 O 1 N -3 -4 -5 6 Figure 1. Hours worked in Canadian businesses, quarterly % change IV-2015 DESCRIBING DATA VISUALIZATION 1-2016 11-2016 III-2016 IV-2016 1-2017 11-2017 11-2017 Real gross domestic product a) What patterns do you see in the chart? IV-2017 1-2018 Il-2018 III-2018 IV-2018 1-2019 Labour productivity 11-2019 III-2019 IV-2019 -- Hours worked 3.4 -2.6 -5.8 1-2020 Source: Statistics Canada b) Complete the description of the chart. Figure 1 shows (a)............. productivity of Canadian businesses (b) quarterly increase recorded, as hours worked (c) output. Following measures taken in March to stop the spread of COVID-19, 1 Labour ...... in the first quarter, the largest faster than business including lockdown and the temporary closure of many businesses, output and hours worked both (d.......................... ... the (..).................However, hours worked fell more sharply than business output, resulting in a strong overall productivity (f). The many closures imposed by governments to contain the COVID-19 virus led to record employment (g................ compounded by (h)................. in hours worked per job. As business output did not (i). ............ in the same proportion as hours worked, this led to an unprecedented increase in (j))...... (k).. of businesses fell 2.6%, reflecting the impact of the COVID-19 pandemic in mid-March, along with other factors earlier in the quarter. Output fell in both goods-producing businesses (-1.1%) and service-producing businesses (-2.5%). The sectors most affected were arts, entertainment and recreation (-14.4%), accommodation and food services (-13.1%) and transportation and warehousing (-5.2%). Meanwhile, (1)..................... the business sector fell 5.8%, surpassing the previous record decline of 2.9% during the 2008/2009 financial crisis. Source: Statistics Canada 1. Quarterly % change Review the following chart from Statistics Canada. 4 3 2 1 O 1 N -3 -4 -5 6 Figure 1. Hours worked in Canadian businesses, quarterly % change IV-2015 DESCRIBING DATA VISUALIZATION 1-2016 11-2016 III-2016 IV-2016 1-2017 11-2017 11-2017 Real gross domestic product a) What patterns do you see in the chart? IV-2017 1-2018 Il-2018 III-2018 IV-2018 1-2019 Labour productivity 11-2019 III-2019 IV-2019 -- Hours worked 3.4 -2.6 -5.8 1-2020 Source: Statistics Canada b) Complete the description of the chart. Figure 1 shows (a)............. productivity of Canadian businesses (b) quarterly increase recorded, as hours worked (c) output. Following measures taken in March to stop the spread of COVID-19, 1 Labour ...... in the first quarter, the largest faster than business including lockdown and the temporary closure of many businesses, output and hours worked both (d.......................... ... the (..).................However, hours worked fell more sharply than business output, resulting in a strong overall productivity (f). The many closures imposed by governments to contain the COVID-19 virus led to record employment (g................ compounded by (h)................. in hours worked per job. As business output did not (i). ............ in the same proportion as hours worked, this led to an unprecedented increase in (j))...... (k).. of businesses fell 2.6%, reflecting the impact of the COVID-19 pandemic in mid-March, along with other factors earlier in the quarter. Output fell in both goods-producing businesses (-1.1%) and service-producing businesses (-2.5%). The sectors most affected were arts, entertainment and recreation (-14.4%), accommodation and food services (-13.1%) and transportation and warehousing (-5.2%). Meanwhile, (1)..................... the business sector fell 5.8%, surpassing the previous record decline of 2.9% during the 2008/2009 financial crisis. Source: Statistics Canada
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An Introduction To Statistical Methods And Data Analysis
ISBN: 9781305465527
7th Edition
Authors: R. Lyman Ott, Micheal T. Longnecker
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