Analyze unemployment rates in australia between 1995 and2008

Reference no: EM13828625

The monthly Australian unemployment rates for 1995-2008 are recorded and stores in the Excel sheet attached and answer the following questions:

a) Plot the time series and briefly describe the patterns in the time series.

b) Estimate a linear trend line.

c) Calculate the seasonal (monthly) indices.

d) Using the trend line and the seasonal indices, forecast the monthly unemployment rates for the months of January up to August, 2009.

Additional Information

These kinds of question is a part of Statistics and deefine about analyzing the monthly Australian unemployment rates between 1995 and 2008. From the data, a time series with patterns, a linear trend line, seasonal indices, etc have been calculated in the solution.

Word limit 190

Reference no: EM13828625

Questions Cloud

Greatly decreasing or increasing the percentage of oxygen : Explain why either greatly decreasing or increasing the percentage of oxygen in the atmosphere is dangerous.

What are some of the contributing factors : What are some of the contributing factors that are leading to a resurgence of conservative criminology. Why has peacemaking failed to evolve into a full-fledged theoretical perspective. Will it ever make this transition

Explain why the bond between boron and cl : Explain why the bond between boron and Cl in the molecule BCl3 is shorter than would be expected from a single B-Cl bond.

Explain why nitrogen can form compounds : Explain why nitrogen can form compounds with many different oxidation numbers.

Analyze unemployment rates in australia between 1995 and2008 : Analyze Unemployment Rates in Australia Between 1995 and 2008

Take the same amount of energy to remove : 1. If one prepared a gas-phase Be3+ ion with its electron in a 4f orbital, it would take the same amount of energy to remove that electron as it does to ionize a ground state H atom. Justify or Refute.

Correct about the early exercise of american options : Which of the following statements is correct about the early exercise of American options?

Exploring the idea that the purpose of modern firms : In the book The Modern Firm, John Roberts argues that the primary purpose of the firm is 'to coordinate and motivate people's economic activity' (p.74). Read the journal article by Herbert Simon, where this idea is explored in some detail.

What mass of hydrogen chloride gas : What mass of hydrogen chloride gas is required to produce 250ml of a hydrochloric acid solution with a pH of 1.57?

User Account

All Pages