Answer:
x=4
Step-by-step explanation:
Answer:
7/9
Step-by-step explanation:
If the chances of an outcome are 2/9, the odds against it can be found by subtracting that from 1.
1 - 2/9
= 7/9
So, the odds against that outcome are 7/9
Step-by-step explanation:
Clearly, there is a common difference between the monthly employment rates:
8.7% - 8.9% = -0.2%
8.5% - 8.7% = -0.2%
8.3% - 8.5% = -0.2%
a) So, for every month x, the percentage will go down 0.2%, starting at 8.9%. So, we can make this equation:
y = -0.2x + 9.1, where x = 1 would be October 2011.
January 2013 is 16 months after October 2011, so:
y = -0.2(16) + 9.1
y = 5.9%
b) To find when the unemployment rate will be zero, we set the equation equal to zero:
0 = -0.2x + 9.1
-0.2x = -9.1
x = 45.5 months
So, rounding up, the U.S. would reach a zero unemployment rate in 46 months or around September 2014? Not completely sure.
