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Find out Q1 and Q3 using unemployment rates as numerical data: Year Unemployment Rate % 2009 3.75 2010 3.54 2011 3.53 2012 3.62 2013 3.46 2014 3.41 2015 3.49 2016 3.51 2017 3.52 - Economics

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Numerical

Find out Q1 and Q3 using unemployment rates as numerical data:

Year Unemployment Rate %
2009 3.75
2010 3.54
2011 3.53
2012 3.62
2013 3.46
2014 3.41
2015 3.49
2016 3.51
2017 3.52
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Solution

Year Unemployment Rate %
2014 3.41
2013 3.46
2015 3.49
2016 3.51
2017 3.52
2011 3.53
2010 3.54
2012 3.62
2009 3.75
N = 09

Q1 = Size of 1`((n+1)/4)^"th observation"`

Q1 = Size of 1`((9+1)/4)^"th observation"`

Q1 = Size of 1`((10)/4)^"th observation"`

Q1 = Size of 1 (2.5)th observation

Q1 = Size of 2.5th observation

Q1 = Size of 2nd observation + 0.5( 3rd observation - 2nd observation)

Q1 = 3.46 + 0.5 (3.49 - 3.46)

Q1 = 3.46 + 0.5 (0.03)

Q1 = 3.46 + 0.015 

Q1 = 3.475

Q= Size of 3`((n+1)/4)^"th observation"`

Q3 = Size of 3`((9+1)/4)^"th observation"`

Q3 = Size of 3`((10)/4)^"th observation"`

Q3 = Size of 3 (2.5)th observation

Q3 = Size of 7.5th observation

Q3= Size of 7th observation + 0.5( 8th observation - 7th observation)

Q3 = 3.54 + 0.5(3.62 - 3.54)

Q3 = 3.54 + 0.5(0.08)

Q3 = 3.54 + 0.4

Q3 = 3.58

Q1 = 3.475, Q3 = 3.58

Concept: Specific Measures Undertaken by the Government to Generate Employment Opportunities
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APPEARS IN

Balbharati Economics 11th Standard HSC Maharashtra State Board
Chapter 7 Unemployment in India
Exercise Q.5 | Q 1 | Page 49
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