Analyze Unemployment Rates in Australia Between 1995 and 2008

Question

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.


Summary

These questions belong to Statistics and it is 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.

Total Word Count 135

 

Download Full Solution

Comments

  • HWA
    Rasha

    this is a very good website

  • HWA
    maani

    I have 50 questions for the same test your page is showing only 28

  • HWA
    joeanne

    hi can you please help or guide me to answer my assignments. thanks

  • HWA
    joeanne

    hi can anyone help or guide me to my assignments. thanks

  • HWA
    Monik


  • HWA
    Cristina

    This solution is perfect ...thanks

  • HWA
    Janete

    Hello Allison,I love the 2nd image that you did! I also, had never heard of SumoPaint, is something that I will have to exolpre a bit! I understand completely the 52 (or so) youtube videos that you probably watched. Sometimes they have what you want, sometimes they don't! However, it is always satisfying when you are able to produce something that you have taught yourself. Great job!Debra 0 likes

  • HWA
    Sandeep

    Perfect bank of solution. 

  • HWA
    Oxana

    great !

  • HWA
    Paul Brandon-Fritzius

    thanks for the quick response. the solution looks good. :)

  • HWA
    tina Johnson

    thnx for the answer. it was perfect. just the way i wanted it. 

  • HWA
    Giuseppe

    works fine.