You Have Collected Data for the 50 U $\widehat{\Delta u r}$

question 56

Multiple Choice

You have collected data for the 50 U.S. states and estimated the following relationship between the change in the unemployment rate from the previous year ( $\widehat{\Delta u r}$ ) and the growth rate of the respective state real GDP (g_y) . The results are as follows $\widehat{\Delta u r}$ = 2.81 - 0.23 $\times$ g_y, R²= 0.36, SER = 0.78 (0.12) (0.04)
Assuming that the estimator has a normal distribution, the 95% confidence interval for the slope is approximately the interval

• A)[2.57, 3.05]
• B)[-0.31,0.15]
• C)[-0.31, -0.15]
• D)[-0.33, -0.13]

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Definitions:

Cultural Conflict

A clash of different ways of life, values, or traditions between groups of people.

Oppressed Workers

Individuals who are subject to unfair treatment, exploitation, and inadequate working conditions by their employers or the socioeconomic system.

Ethnography

A qualitative research method focused on the systematic study of people and cultures from the insider perspective.

Phenomenological Approach

A method in social science that focuses on the subjective experience of individuals, emphasizing personal perception and meaning as the primary source of knowledge.