A statistical study on economic indicators and economic forecasts.
Written in 2004; 900 words; 1 sources; APA; $ 31.95
Paper Summary:
This paper reviews certain economic indicators and forecasts them 18 months into the future. The economic indicators include personal income, number of new jobs created and business productivity.
From the Paper:
"This is a statistical study of certain economic indicators. Based on the premise that the performance of these past economic indicators is a good predictor of their future behavior, each of the charts provided below was constructed based on historical data found at the United States Bureau of Labor Statistics website. The forecasted information was done using linear regression analysis, which is one of the features or functions of Microsoft Excel. In general, the goal of linear regression is to find the line that best predicts Y point..."
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