Analysis of the Business Environment

Analysis of the Business Environment


(a) Using the data in unemployment table and data ,choose any four countries where data is continuous from 1990to2010,and correlate inflation against unemployment for the period producing the relevant graphs and correlation values .

(b) Interpret the results suggesting any other factors that may be of relevance to what you have found.

I chose (Italy-Japan- turkey and United States)


(a) Choose any one country with continuous data from 1990 and do a time series analysis on both inflation and unemployment. from your results, predict both inflation and unemployment in that country in 2014.

(b) Give an estimation of the accuracy of your results and distinguish any factors that may cause them to be inaccurate.

I chose (Italy)

-Assessment criteria

1- The accuracy of the diagrams and the results

2- The accuracy of the statistical methods employed

3- The depth of analysis of the factors behind the results

4-The clarity of the diagrams and their readability


1-I uploaded the unemployment table and the data for each country from this website :

2-In question 1, you have to do 4 diagrams about inflation and unemployment ,so each country should have separate diagram about inflation and unemployment.

3- In question 2, I need 2 diagrams, the first diagram is about unemployment and the second diagram is about inflation

4- As I said in question 1: Write the data for unemployment table and for each country in Excel then create the graphs for each country as well, I already uploaded an example sheet to help you how to complete the other 3 sheets. (The example sheet that I have done is about turkey)

5 -In the assignment it would be useful if you had an appendix which showed the data on which you based your calculations. This means you just need to put the diagrams in the main body of the assignment

6- Please do your best in this work, Please read question 1 and 2 very carefully.

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