Project Statistics Example | Topics and Well Written Essays - 750 words - 1

Statistics Project ExampleI am cheerful that the sites I used are valid because it is the Bureau of Labor Statistics (BLS) website.a. Boxplot Figure 2 shows the Side-by-side Boxplot of 2003 and 2013 unemployment grade data. there appears that the state unemployment judge for the yr 2003 were higher as compared to the year 2013.b. Scatterplot Figure 3 shows the Scatterplot of 2003 unemployment rate (predictor variable) and 2013 unemployment rates (response variable). There appears a positive relationship between 2003 and 2013 state unemployment rates.The medium state unemployment rate for the year 2003 was 6.31% and varies from the mean by about 1.47%. almost half of the states unemployment rates were below 6.4%. About one- poop of the states unemployment rates were below 5.4% and about one quarter of the states unemployment rates were above 7.4%. The minimum and maximum unemployment rates were 2.7% and 9.3% respectively. The distribution of state unemployment rates for the yea r 2003 is approximately normal.The average state unemployment rate for the year 2013 was 5.20% and varies from the mean by about 1.02%. About half of the states unemployment rates were below 5.0%. About one-quarter of the states unemployment rates were below 4.4% and about one quarter of the states unemployment rates were above 5.8%. The minimum and maximum unemployment rates were 3.2% and 7.7% respectively. The distribution of state unemployment rates for the year 2013 is approximately normal.There is no out lie inr for the 2013 state unemployment rates, as all data values lie in-between lower fence (2.3%) and upper fence (9.8 %). The presence of outliers in a data bent-grass tells that they are unusual values and can have an effect on the overall mean and streamer deviation.The visual analysis of scatterplot suggests a analogue model for the data. Below regression analysis shows the Minitab output for the linear regression analysis taking 2003