Statistics Project

1. The objective of the proposed analysis is to test the following research hypothesis:
   Hypothesis: The number of new construction permits in the U.S. is negatively correlated with the unemployment rate in the U.S.
2. The following needs to be tested:
   \(\begin{aligned}
   & {{H}_{0}}:\text{The number of new construction permits in the U}\text{.S}\text{. is not correlated with the unemployment rate in the U}\text{.S}\text{. }\!\!~\!\!\text{ } \\
   & {{H}_{0}}:\text{The number of new construction permits in the U}\text{.S}\text{. is negatively correlated with the unemployment rate in the U}\text{.S}\text{. }\!\!~\!\!\text{ } \\
   \end{aligned}\)
3. The data required for the analysis will be collected from the U.S. Census Bureau, and from the U.S. Bureau of Labor Statistics.
4. A regression and correlation analysis will be used to test the research hypothesis stated above.

Price: $8.18

Solution: The downloadable solution consists of 5 pages, 318 words and 6 charts.
Deliverable: Word Document