Economy Economy Economy Economy

Economy Economy Economy Economy Economy

A- B- C- D-
A - GDP B - GDP C - GDP D - GDP E - GDP
Year Unemplo Unemplo Unemplo Unemplo
Growth Growth Growth Growth Growth
yment yment yment yment
(%) (%) (%) (%) (%)
Rate (%) Rate (%) Rate (%) Rate (%)
2014 2.3 5.2 1.8 6.5 2.9 4.8 3.2 5.1 1.7
2015 2.6 5.1 2 6.4 3.1 4.6 3.4 5 1.9
2016 2.8 5 2.1 6.2 3.4 4.5 3.5 4.9 2
2017 3 4.9 2.3 6.1 3.5 4.4 3.7 4.8 2.2
2018 3.2 4.8 2.5 5.9 3.7 4.3 3.9 4.7 2.4
2019 2.9 4.9 2.4 6 3.3 4.6 3.6 4.9 2.3
2020 -3.5 8 -2.8 7.5 -4 8.1 -3.2 7.8 -3.8
2021 4.6 6 4.2 6.4 5.1 5.5 4.8 5.8 4.4
2022 2.5 5.4 2.2 6.1 3 5 2.9 5.4 2.6
2023 2.8 5.2 2.3 5.9 3.1 4.9 3.2 5.3 2.7
Economy
E-
Unemplo
yment
Rate (%)
6.3
6.2
6.1
6
5.8
6
8.4
6.2
6
5.8
 Economy
Economy
A-
A - GDP
Unemplo
Growth
yment
(%)
Rate (%)
2.3 5.2
2.6 5.1
2.8 5 Economy A - GDP Growth (%)
3 4.9 Economy A - Unemployment Rate (%)
3.2 4.8
2.9 4.9
-3.5 8
4.6 6
2.5 5.4
2.8 5.2 SUMMARY OUTPUT

Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations

ANOVA

Regression
Residual
Total

Intercept
Economy A - GDP Growth (%)
 Economy A - GDP Growth (%) Economy A - Unemployment Rate (%) From the data analysis of
1 we can observe that this data model is h
-0.827424370776888 1

egression Statistics 68.46% of the variaton in unemploye

0.827424370776888 in GDP gro
the significance of this model is 0.003
0.684631089355529 that means that this data m
0.64520997552497 Regression Equation = a+ b(unemp
0.571492719189125 Regression Equation=> 6.3106+ (-
10

df SS MS F
1 5.67216857531056 5.67216857531056 17.36712
8 2.61283142468944 0.32660392808618
9 8.285

Coefficients Standard Error t Stat P-value

6.31065605590062 0.274429626795925 22.9955348829499 1.357E-08
-0.370972437888199 0.0890179894613618 -4.1673872902872 0.003133
From the data analysis of this model
e that this data model is highly negatively correlated

he variaton in unemployement is explained by variation

in GDP growth
ance of this model is 0.003133 which is lesser than 0.05
hat means that this data model is significant
n Equation = a+ b(unemployement) +Margin of error
on Equation=> 6.3106+ (-0.3709)(Unemployement)

Significance F
0.003133

Lower 95%Upper 95%Lower 95.0%

Upper 95.0%
5.67782 6.943492 5.67782 6.943492
-0.576248 -0.165697 -0.576248 -0.165697
 Economy
Economy
B-
B - GDP
Unemplo
Growth
yment
(%)
Rate (%)
1.8 6.5
2 6.4
2.1 6.2 Economy B - GDP Growth (%)
2.3 6.1 Economy B - Unemployment Rate (%)
2.5 5.9
2.4 6
-2.8 7.5
4.2 6.4
2.2 6.1
2.3 5.9 SUMMARY OUTPUT

Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations

ANOVA

Regression
Residual
Total

Intercept
Economy B - GDP Growth (%)
 Economy B - GDP Growth (%) Economy B - Unemployment Rate (%)
We can observe from
1 that this data set is highl
-0.812508716640632 1

66.017% of the variation in un

n Statistics variation in
0.812508716640632 The significance of this data
0.660170414617006 lesser than 0.05 which me
0.617691716444132 signifi
Regression Equation= a+b(une
0.291474520920352 Regression Equation=> 6.709
10

df SS MS F
1 1.32034082923401 1.320341 15.54121
8 0.679659170765988 0.084957
9 2

Coefficients Standard Error t Stat P-value

6.70924104005622 0.138824113911229 48.32908 3.717E-11
-0.215390021082221 0.0546365350369925 -3.942234 0.004282
 We can observe from the data analysis
that this data set is highly negatively correlated

66.017% of the variation in unemployement is explained by

variation in GDP growth
The significance of this datat model is 0.004282 which is
lesser than 0.05 which means that this data model is
significant.
Regression Equation= a+b(unemployement)+margin of error
Regression Equation=> 6.709 + (-0.2153)(unemployement)

Significance F
0.004282

Lower 95%Upper 95%Lower 95.0%

Upper 95.0%
6.389112 7.02937 6.389112 7.02937
-0.341382 -0.089398 -0.341382 -0.089398
 Economy
Economy
C-
C - GDP
Unemplo
Growth
yment
(%)
Rate (%)
2.9 4.8
3.1 4.6
3.4 4.5 Economy C - GDP Growth (%)
3.5 4.4 Economy C - Unemployment Rate (%)
3.7 4.3
3.3 4.6
-4 8.1
5.1 5.5
3 5
3.1 4.9 SUMMARY OUTPUT

Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations

ANOVA

Regression
Residual
Total

Intercept
Economy C - GDP Growth (%)
 As we can see from the
data model
Economy C - GDP Growth (%) Economy C - Unemployment Rate (%)
1
-0.877971999376684 1

77.08% of the variati

va
Regression Statistics The significance of this
0.877971999376684 0.05 which mea
Regression equation
0.770834831689492 Regression Equation
0.742189185650679
0.568464187934345
10

df SS MS F
1 8.69578773628916 8.695788 26.90932
8 2.58521226371084 0.323152
9 11.281

Coefficients Standard Error t Stat P-value

6.16165631006363 0.276769629774363 22.26276 1.752E-08
-0.402825206665547 0.0776542596918597 -5.187419 0.000835
As we can see from the data model that the data model that the
data model is highly negatively correlated

77.08% of the variation inunemployement is explained by the

variations in GDP growth
The significance of this data model is 0.000835 which is lesser than
0.05 which means that this data model is significant
Regression equation= a+b(unemployement) +margin of sales
Regression Equation => 6.1616 + (-0.4028)(unemployement)

Significance F
0.000835

Lower 95%Upper 95%Lower 95.0%

Upper 95.0%
5.523424 6.799888 5.523424 6.799888
-0.581896 -0.223754 -0.581896 -0.223754
 Economy
Economy
D-
D - GDP
Unemplo
Growth
yment
(%)
Rate (%)
3.2 5.1
3.4 5 Economy D - GDP Growth (%)
3.5 4.9 Economy D - GDP Growth (%) 1
3.7 4.8 Economy D - Unemployment Rate (%) -0.883804764897268
3.9 4.7
3.6 4.9
-3.2 7.8
4.8 5.8
2.9 5.4
3.2 5.3 SUMMARY OUTPUT

Regression Statistics
Multiple R 0.883804764897268
R Square 0.781110862455115
Adjusted R Square 0.753749720262005
Standard Error 0.453633277476846
Observations 10

ANOVA
df
Regression 1
Residual 8
Total 9

Coefficients
Intercept 6.43280292638317
Economy D - GDP Growth (%) -0.366483767718336
Economy D - Unemployment Rate (%) As we can see from the data model that the data
model os highly negatively correlated.
1

78.11% of the variation in unemployement is explained by

variation in GDP growth
the significance for this data model is 0.000692 which is
lesser than 0.05 which means that this data model is
significant
Regression Equation= a+b(unemployement)+Margin of Error
Regression Equation=> 6.432+(-0.3664)(unemployement)

SS MS F Significance F
5.87473479652492 5.874735 28.54818 0.000692
1.64626520347508 0.205783
7.521

Standard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%

Upper 95.0%
0.245244286038065 26.23018 4.794E-09 5.867269 6.998337 5.867269 6.998337
0.0685907444546079 -5.34305 0.000692 -0.524654 -0.208313 -0.524654 -0.208313
 model that the data
vely correlated.

nemployement is explained by
GDP growth
a model is 0.000692 which is
eans that this data model is
ficant
employement)+Margin of Error
2+(-0.3664)(unemployement)

Upper 95.0%
 Economy
Economy
E-
E - GDP
Unemplo
Growth
yment
(%)
Rate (%)
1.7 6.3
1.9 6.2
2 6.1 Economy E - GDP Growth (%)
2.2 6 Economy E - Unemployment Rate (%)
2.4 5.8
2.3 6
-3.8 8.4
4.4 6.2
2.6 6
2.7 5.8 SUMMARY OUTPUT

Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations

ANOVA

Regression
Residual
Total

Intercept
Economy E - GDP Growth (%)
 Economy E - GDP Growth (%) Economy E - Unemployment Rate (%) As we can from the data model that this d
1 negatively correlated
-0.916146535826949 1

sion Statistics 83.93% of the variation in unemployeme

0.91614653582695 variation in GDP growth
0.839324475107721 The significance for this data set is 0.0001
than 0.05 which means that this data s
0.819240034496186 Regression Equation=a+b(unemployemen
0.324287112050413 Regression Equation => 6.886+0.05102(u
10

df SS MS F Significance F
1 4.39470295166403 4.394703 41.78979 0.000195
8 0.841297048335975 0.105162
9 5.236

Coefficients Standard Error t Stat P-value Lower 95%

6.88698494453249 0.13904135904811 49.53192 3.055E-11 6.566355
-0.329883122028526 0.0510299358636588 -6.464502 0.000195 -0.447558
an from the data model that this data model is highly
negatively correlated

% of the variation in unemployement is explained by

variation in GDP growth
nificance for this data set is 0.000195 which is lesser
0.05 which means that this data set is significant.
ion Equation=a+b(unemployement)+Margin of Error
ssion Equation => 6.886+0.05102(unemployement)

Significance F s

Upper 95%Lower 95.0%

Upper 95.0%
7.207615 6.566355 7.207615
-0.212208 -0.447558 -0.212208