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A panel of 66 economists was asked to predict the average unemployment rate for the upcoming year. The results of the survey follow. Unemployment Rate, %    9.6     10.0     10.4     10.8     11.2     11.6     12.0   Economists 2 4 7 23 14 11 5 On the basis of this survey, what does the panel expect the average unemployment rate to be next year? (Round your answer to two decimal places.)

A panel of 66 economists was asked to predict the average unemployment rate for the upcoming year. The results of the survey follow. Unemployment Rate, %    9.6     10.0     10.4     10.8     11.2     11.6     12.0   Economists 2 4 7 23 14 11 5 On the basis of this survey, what does the panel expect the average unemployment rate to be next year? (Round your answer to two decimal places.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 5CYU
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A panel of 66 economists was asked to predict the average unemployment rate for the upcoming year. The results of the survey follow.

Unemployment Rate, %    9.6     10.0     10.4     10.8     11.2     11.6     12.0  
Economists 2 4 7 23 14 11 5

On the basis of this survey, what does the panel expect the average unemployment rate to be next year? (Round your answer to two decimal places.)

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