Question: Below is a link to a file with several real-world data sets. Choose one of the variables (a column of data) and construct a confidence
Below is a link to a file with several real-world data sets. Choose one of the variables (a column of data) and construct a confidence interval. You can do this either by hand or by software. Either way, report your confidence interval in your initial post and then do the following: 1. Give an introduction to your variable (what do your numbers represent?). 2. What does the confidence interval say about the variable? Is there a large or small amount of spread?
| Year | Unemployment rate in Maine | |
| 2007 | 4.7 | |
| 2008 | 5.3 | |
| 2009 | 8.4 | |
| 2010 | 8.4 | |
| 2011 | 7.7 | |
| 2012 | 7.2 | |
| 2013 | 6.7 | |
| 2014 | 5.6 | |
| 2015 | 4.4 | |
| 2016 | 3.8 | |
| 2017 | 3.1 |
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