how to select dropdown based on value using jQuery?

In this post, Set selected dropdown value in page Load

HTML Code:

<select id="Status" title="Status">

<option selected="selected" value="0">New</option>

<option value="3">ANSWERED</option>

<option value="7">ARCHIVED</option>

<option  value="2">ASSIGNED</option>

<option value="9">DEFERMENT REQUESTED</option>

</select>

Jquery:

<script type="text/javascript">

 

    $(document).ready(function() {

$("select[title^='Status'] option:selected").text("New")

});

</script>