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Robin just graduated from college and is seeking her first job.She received a degree in engineering at a prestigious university and graduated with honours.Robin has several leads and has heard that the market for engineers is very strong,so she is convinced that she should locate a good job in the near future.Robin's current situation is an example of structural unemployment.
Seasonal Fluctuations
Variations in a time series that occur at regular intervals due to seasonal events like holidays or seasons of the year.
Seasonal Indexes
Factors used in time series analysis to adjust for regular seasonal variations in data.
Regression Technique
A statistical method used to model the relationship between a dependent (target) variable and one or more independent variables.
Linear Trend Line
A straight line that best fits the data points in a scatter plot, showing a linear relationship between variables.
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