Good indicator of the strength

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The number of new building permits can be a good indicator of the strength of a region's economic growth. The following table gives percentage increases over a four­ year period for three geographical areas. Analyze the data. Let = 0.05 . What are your conclusions?

Year

Eastern

North Central

Southwest

2000

1.1

0.1

0.9

2001

1.3

0.8

1.0

2002

2.9

u

1.4

2003

3.5

1.3

1.5

 

Reference no: EM13988660

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