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If We Wanted to Measure the Seasonal Variations on Stock

Question 144

Multiple Choice

If we wanted to measure the seasonal variations on stock market performance by month, we would need:


A) 50 indicator variables, since the stock market has a 5-day working week.
B) 12 indicator variables to represent the 12 months.
C) 11 indicator variables.
D) 55 indicator variables.

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