Question: Please make a Methodology of simple linear regression model and outline the testable equations, define the variables and their measures and provide theoretical justification of
Please make a Methodology of simple linear regression model and outline the testable equations, define the variables and their measures and provide theoretical justification of the chosen variables and qualitative analyze from the data below.
| Year | Unemployment rate (%) | Real GDP(%) |
| 2012 | 4.420000076 | 1.411314382 |
| 2013 | 4.327000141 | 4.73421949 |
| 2014 | 4.289999962 | 5.603514406 |
| 2015 | 4.295000076 | 4.50120041 |
| 2016 | 4.320000172 | 2.445651797 |
| 2017 | 4.277999878 | 5.35336456 |
| 2018 | 4.333000183 | 3.812351222 |
| 2019 | 4.447999954 | -0.445563314 |
| 2020 | 4.715000153 | -15.15081665 |
| 2021 | 5.238999844 | -4.081424941 |
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