Question: 10. Compute the least squares line for predicting next year's unemployment from this year's unemployment. 11. Predict next year's unemployment if this year's unemployment is

 10. Compute the least squares line for predicting next year's unemployment

10. Compute the least squares line for predicting next year's unemployment from this year's unemployment. 11. Predict next year's unemployment if this year's unemployment is 5%. 12. Compute the correlation coefficient between this year's unemployment and next year's unemployment. 13. Based on your correlation coefcient, do you suspect an even stronger linear relationship between this year's unemployment and next year's unemployment than in the last two models? My or why not? Check your understanding by looking at the scatterplot of this year's and next year's unemployment. 14. Web of the models do you think provides the best prediction of unemployment? Explain

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