Jurisdiccin Tasa desempleo_feb2022 Tasa desempleo_feb2023 Cambio porcentual Alabama 2.6 2.5 -0.1 Alaska 4.7 3.8 -0.9 Arizona 3.6
Question:
Jurisdiccin | Tasa desempleo_feb2022 | Tasa desempleo_feb2023 | Cambio porcentual |
Alabama | 2.6 | 2.5 | -0.1 |
Alaska | 4.7 | 3.8 | -0.9 |
Arizona | 3.6 | 3.7 | 0.1 |
Arkansas | 3.2 | 3.2 | 0 |
California | 4.7 | 4.3 | -0.4 |
Colorado | 3.6 | 2.9 | -0.7 |
Connecticut | 4.6 | 4 | -0.6 |
Delaware | 4.5 | 4.6 | 0.1 |
District of Columbia | 5.6 | 4.7 | -0.9 |
Florida | 3.3 | 2.6 | -0.7 |
Georgia | 3 | 3.1 | 0.1 |
Hawaii | 3.2 | 3.6 | 0.4 |
Idaho | 2.6 | 2.6 | 0 |
Illinois | 4.6 | 4.5 | -0.1 |
Indiana | 2.8 | 3.1 | 0.3 |
Iowa | 2.5 | 2.9 | 0.4 |
Kansas | 2.4 | 2.9 | 0.5 |
Kentucky | 3.9 | 3.9 | 0 |
Louisiana | 3.9 | 3.6 | -0.3 |
Maine | 3.2 | 2.8 | -0.4 |
Maryland | 3.4 | 2.9 | -0.5 |
Massachusetts | 3.9 | 3.7 | -0.2 |
Michigan | 4.2 | 4.3 | 0.1 |
Minnesota | 2.6 | 3 | 0.4 |
Mississippi | 4 | 3.7 | -0.3 |
Missouri | 2.7 | 2.6 | -0.1 |
Montana | 2.5 | 2.4 | -0.1 |
Nebraska | 2 | 2.3 | 0.3 |
Nevada | 5.3 | 5.5 | 0.2 |
New Hampshire | 2.2 | 2.7 | 0.5 |
New Jersey | 4.6 | 3.5 | -1.1 |
New Mexico | 5 | 3.6 | -1.4 |
New York | 4.7 | 4.2 | -0.5 |
North Carolina | 3.4 | 3.6 | 0.2 |
North Dakota | 2.2 | 2.1 | -0.1 |
Ohio | 4 | 3.9 | -0.1 |
Oklahoma | 2.8 | 3 | 0.2 |
Oregon | 3.7 | 4.7 | 1 |
Pennsylvania | 4.4 | 4.4 | 0 |
Rhode Island | 3.2 | 3.1 | -0.1 |
South Carolina | 3.3 | 3.2 | -0.1 |
South Dakota | 1.9 | 2.1 | 0.2 |
Tennessee | 3.4 | 3.5 | 0.1 |
Texas | 4.1 | 4 | -0.1 |
Utah | 2.2 | 2.4 | 0.2 |
Vermont | 2.4 | 2.8 | 0.4 |
Virginia | 2.9 | 3.2 | 0.3 |
Washington | 4 | 4.6 | 0.6 |
West Virginia | 3.7 | 3.7 | 0 |
Wisconsin | 2.8 | 2.7 | -0.1 |
Wyoming | 3.4 | 3.8 | 0.4 |
Puerto Rico | 6.3 | 6 | -0.3 |
The unemployment rate of a country is one of the most used indicators in evaluating the performance of its economy. In general terms, this indicator measures the percentage of unemployed people in the labor force (it includes employed and unemployed people) and is adjusted according to temporality. For this, use the data from the adjusted unemployment rates ("seasonally adjusted") for February 2022 and February 2023 for the jurisdictions of the United States, included in an Excel document on the Moodle platform together with this stipulation. On one of the tabs of the data file is the formal definition of the unemployment rate used by the BLS. These data are based on monthly surveys from the Current Population Survey (CPS).
1. Make a histogram of the unemployment rate for each of the years.
2. For each year studied, is the shape of the unemployment rate distribution symmetric? Justify your answer.
3. Make a table to describe the unemployment rate of the jurisdictions for each year using numerical measures that include: the arithmetic mean, the median, the quartiles, the standard deviation and the coefficient of variation.
4. Describe the unemployment rate based on numerical measures and graphs for each year. Compare Puerto Rico's unemployment rate with the other jurisdictions for each of the years and describe your findings.
5. Make a box plot (Boxplot) that can compare the unemployment rate between the years 2022 and 2023 (two Boxplots in the same figure).
6. Identify for each year the US jurisdictions where your unemployment rate is considered an extreme value (outlier).
7. Make a scatter plot to study the relationship between the unemployment rates for the years 2022 and 2023.
8. Comment on the scatter plot.
9. Find the correlation coefficient between the unemployment rates for the years 2022 and 2023.
10. Interpret the correlation coefficient of the unemployment rates for the years 2022 and 2023