# Question: The histogram shows the monthly U S unemployment rate from January

The histogram shows the monthly U.S. unemployment rate from January 2003 to January 2013 (data.bls.gov/timeseries/LNS14000000).

Here is the time series plot for the same data.

a) What features of the data can you see in the histogram that aren’t clear in the time series plot?

b) What features of the data can you see in the time series plot that aren’t clear in the histogram?

c) Which graphical display seems the more appropriate for these data? Explain.

d) Write a brief description of unemployment rates over this time period in the United States.

Here is the time series plot for the same data.

a) What features of the data can you see in the histogram that aren’t clear in the time series plot?

b) What features of the data can you see in the time series plot that aren’t clear in the histogram?

c) Which graphical display seems the more appropriate for these data? Explain.

d) Write a brief description of unemployment rates over this time period in the United States.

## Answer to relevant Questions

Here is a histogram of the monthly CPI as reported by the Bureau of Labor Statistics (ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt) from 2008 through 2012: Here is the time series plot for the same data. a) What ...The S&P/Case-Shiller Home Price Indices provide measures of the U.S. residential housing market. They track changes in the value of residential real estate nationally and in 20 metropolitan regions. (Some of these indices ...For the disk drives in Exercise 2 (as corrected in Exercise 12), we want to predict Price from Capacity. a) Find the slope estimate, b1. b) What does it mean, in this context? c) Find the intercept, b0. d) What does it ...When analyzing data on the number of employees in small companies in one town, a researcher took square roots of the counts. Some of the resulting values, which are reasonably symmetric, were: 4, 4, 6, 7, 7, 8, 10 What were ...A linear model fit to predict weekly Sales of frozen pizza (in pounds) from the average Price ($/unit) charged by a sample of stores in the city of Dallas in 39 recent weeks is: Saks = 141,865.53 - 24,369.49 Price. a) What ...Post your question