Graph #1: Data in Each Period Sorted by Unemployment Rate |
Here's the same data, in chronological order:
Graph #2: Data in Chronological Order |
That's what I expected to see. But I had to look.
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Next, how does the graph look if I use the original unemployment values instead of rounding them to one decimal place? Like this:
Graph #3: Data not Rounded |
No noticeable change in the trend lines, though. It's not a big change.
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I wonder... Remember, at the end of Sunday's post, the average of my trend line values for 1970-2006 was 3.2%, the same number Robert Gordon got. But my average for 2006-2016 was a little off. I got 1.5%. He got 1.4%. I wonder if that difference goes away when the rounding goes away.
Nope. I get 3.2% and 1.5%, same as before.
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