Project+1

=Log in= = = =//Recession - two successive quarterly declines in GDP//=
 * 1) Using Excel, create a mathematical model based on the data for one of the previous recessions. Choose polynomial of degree three. (A copy of the data is here [|Recession Job Data.xls])
 * 2) Using your knowledge of derivatives, determine what month after the beginning of the recession, maximum unemployment would occur for the two previous recessions (Take the derivative of your function, the maximum unemployment will occur when the slope is equal to zero).
 * 3) Create a model that could predict employment based on current data (Choose a polynomial of degree three //<>// ). Determine at what month the minimum of the graph and when employment would return to previous levels (Again, take the derivative of your function, the maximum unemployment will occur when the slope is equal to zero).

media type="custom" key="3522100"

media type="custom" key="3521922"
 * = Months ||= now ||= 1981-82 ||= 1990-91 ||
 * = 0 ||= 1 ||= 1 ||= 1 ||
 * = 5 ||= 0.984 ||= 0.99 ||= 0.996 ||
 * = 10 ||=  ||= 0.965 ||= 0.98 ||
 * = 15 ||=  ||= 0.95 ||= 0.978 ||
 * = 20 ||=  ||= 0.965 ||= 0.975 ||
 * = 25 ||=  ||= 0.987 ||= 0.968 ||
 * = 30 ||=  ||= 0.99 ||= 0.965 ||
 * = 35 ||=  ||= 1.001 ||= 0.97 ||
 * = 40 ||=  ||= 1.01 ||= 0.971 ||
 * = 45 ||=  ||=   ||= 0.976 ||
 * = 50 ||=  ||=   ||= 0.99 ||
 * = 55 ||=  ||=   ||= 1.001 ||
 * = 60 ||=  ||=   ||= 1.01 ||