The canadian unemployment rate as a percentage of the, Ask an Expert

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The Canadian unemployment rate as a percentage of the civilian labor force (seasonally adjusted) between 1974 and the third quarter of 1975 is shown below.

	Quarter	Unemployment Rate
1974	1	5.4
	2	5.3
	3	5.3
	4	5.6
1975	1	6.9
	2	7.2
	3	7.2

(a) Estimate unemployment in the fourth quarter of 1975 using a single moving average with k = 3.

(b) Repeat using single exponential smoothing with α = 0.7.

(c) Compare your two estimates using the accuracy statistics.

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Applied Statistics, Statistics

Category:- Applied Statistics
Reference No.:- M91603198

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