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Figure: Seasonally Adjusted Unemployment Rate
-(Figure: Seasonally Adjusted Unemployment Rate) Look at the figure Seasonally Adjusted Unemployment Rate. The distance between each labeled point on the horizontal axis is one year. What is the approximate slope of the graph between 1/2004 and 1/2006?
Normal Probability Distribution
A bell-shaped curve distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence.
Discrete Probability Distributions
Probability distributions that deal with variables that have distinct, separate values.
Normally Distributed
A type of continuous probability distribution for a real-valued random variable where the data are symmetrically distributed around the mean, forming a bell-shaped curve.
Standard Deviation
A measure of the amount of variation or dispersion in a set of values, showing how much the values in the data set deviate from the mean on average.
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