Question: Shown here are the total employment labor force figures for the country of Romania over a 13-year period published in LABORSTA. Develop the equation of
Shown here are the total employment labor force figures for the country of Romania over a 13-year period published in LABORSTA. Develop the equation of a trend line through these data and use the equation to predict the total employment labor force of Romania for the year 2011.
Year Total Employment (1000s)
1995 ...........11,152
1996 ...........10,935
1997 ...........11,050
1998 ...........10,845
1999 ...........10,776
2000 ...........10,764
2001 ...........10,697
2002 ........... 9,234
2003 ........... 9,223
2004 ........... 9,158
2005 ........... 9,147
2006 ........... 9,313
2007 ........... 9,353
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Year Total Employment 1995 11152 1996 10935 1997 11050 1998 10845 1999 10776 2000 10764 2001 1... View full answer
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