Year Unemployment Real GDP growth rate Change in unemployment(X)

2000 3.3 3.3 0.3

2001 3.6 3.1 0.3
2002 3.9 2 0.4
2003 4.3 2.9 0
2004 4.3 3.6 0
2005 4.3 5 -0.7
2006 3.6 5.2 0.5
2007 4.1 5.8 0.5
2008 4.6 4.8 0.4
2009 5 3.9 -1.6
2010 3.4 4.4 0.4
2011 3.8 5.3 0.3
2012 4.1 5.3 0.300000000000001
2013 4.4 4.8 0
2014 4.4 4.9 0
2015 4.4 5.4 -0.100000000000001
2016 4.3 5.9 0.100000000000001
2017 4.4 6.1 0
2018 4.4 6.7 0
2019 4.4 7 -4.4
Gdp growth rate(Y)
3.3
3.1
2
2.9 Scatter Plot of Unemployment and real gdp
3.6
5 8
5.2
7
5.8
f(x) = − 0.416309659641342 x + 4.70130890615918 6
4.8 R² = 0.124229927136354
3.9 5
4.4 4
5.3
3
5.3
4.8 2
4.9 1
5.4
0
5.9 -5 -4 -3 -2 -1 0 1
6.1
6.7
7
d real gdp

0
0 1
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.35246266062713
R Square 0.12422992713635
Adjusted R Square 0.07557603419948
Standard Error 1.2555809169227
Observations 20

ANOVA
df SS MS F
Regression 1 4.025298099072 4.02529809907215 2.553339921
Residual 18 28.37670190093 1.57648343894044
Total 19 32.402

Coefficients Standard Error t Stat P-value

Intercept 4.70130890615918 0.284028397367 16.5522495276547 2.45466E-12
Change in unemployment -0.4163096596413 0.260532658011 -1.5979173698178 0.127467233
Significance F
0.127467233

Lower 95% Upper 95% Lower 95.0% Upper 95.0%

4.104587386 5.298030426 4.10458739 5.2980304262
-0.963668463 0.131049144 -0.9636685 0.1310491438