Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 4 - Review - Review Exercises - Page 248: 16a

Answer

Recession of 1982: $Unemployment~rate=10.25$% Recession of 2009: $Unemployment~rate=10.03$% We can conclude that the recession of 1982 was slightly worse than the recession of 2009.

Work Step by Step

Recession of 1982: $Unemployment~rate=\frac{11.3}{98.9+11.3}=0.1025=10.25$% Recession of 2009: $Unemployment~rate=\frac{14.5}{130.1+14.5}=0.1003=10.03$%
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