Unemployed
the Data Below Are for the Number of Unemployed

question 141

Short Answer

Unemployed
The data below are for the number of unemployed persons (in millions)and the federal unemployment insurance payments (in billions of dollars)for the years 1978 - 1985.Some economists state that these two variables are positively related.
$\begin{array}{|l|l|l|l|l|l|l|l|l}\hline \text { Year } & \mathbf{1 9 7 8} & \mathbf{1 9 7 9} & \mathbf{1 9 8 0} & \mathbf{1 9 8 1} & \mathbf{1 9 8 2} & \mathbf{1 9 8 3} & \mathbf{1 9 8 4} & \mathbf{1 9 8 5} \\\hline \text { Federal Unemployment Insurance Payments } & 11.8 & 10.7 & 18.0 & 19.7 & 23.7 & 31.5 & 18.4 & 16.8 \\\hline \text { Number of Unemployed Persons } & 6.2 & 6.1 & 7.6 & 8.3 & 10.7 & 10.7 & 8.5 & 8.3\end{array}$

-Use these data to develop an estimated regression equation. $\hat{ Y }$ = ____________________

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Definitions:

Early Start Dates

The earliest possible point in time when the activities of a project can begin, taking into account all constraints and preceding tasks.

Predecessor Activities

Tasks that must be completed before a subsequent task can begin, establishing a sequence in project scheduling.

Estimate

An approximate calculation or judgment of the value, number, quantity, or extent of something.

Resource Constraint

A limitation or restriction on the availability of resources, such as time, money, or materials, that affects the ability to achieve an objective.