Use the following employment data (in thousands) for the United States and for New Jersey to answer

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Use the following employment data (in thousands) for the United States and for New Jersey to answer question.image text in transcribed

Plot the New Jersey employment data. Do you think the linear trend model provides a good approximation of the data? Use the data to forecast the employment in 1990.

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Related Book For  answer-question

Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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