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Unemployed
the Data Below Are for the Number of Unemployed

question 32

Essay

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.
 Year 19781979198019811982198319841985 Federal Unemployment Insurance Payments 11.810.718.019.723.731.518.416.8 Number of Unemployed Persons 6.26.17.68.310.710.78.58.3\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}

-What does a scatter diagram of these data indicate about the relationship between these two variables?


Definitions:

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A computerized database of financial information organized and programmed in such a way that it produces regular reports on operations for every level of management in a company.

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