You Have Collected Data for the 50 U

question 4

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 ( ) and the growth rate of the respective state real GDP (gy) .The results are as follows = 2.81 - 0.23 gy,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]

---

Definitions:

Social Loafing

A group dynamic where individual contributions towards a goal diminish in comparison to efforts made when working alone.

Exert

To apply or bring to bear a force, influence, or quality, typically with effort.

Common Goal

A shared aim or objective by a group of people, which often motivates collective action toward its achievement.

Group Polarization

The tendency for a group to make decisions that are more extreme than the initial inclination of its members, often leading to a more pronounced stance.