Sheepic x sheep = 16, sheep x snake x snake = 36, sheep x snake x tiger = 72, sheep snake tiger = what
1 answer:
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Answer:
10.89%
Step-by-step explanation:
Data provided in the question:
Number of economist in the panel = 68
Unemployment Rate, % : 10.2 10.4 10.6 10.8 11.0 11.2 11.4
Economists : 2 4 7 24 14 12 5
Now,
The average unemployment rate to be next year will be calculated using weighted average as:
=
or
=
or
=
or
=
or
= 10.89%
Hence,
The expected average unemployment rate to be next year by the panel will be 10.89%