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The following table presents data on three leading indicators for a three-month period. Construct the composite index (with each indicator assigned...
The following table presents data on three leading indicators for a three-month period. Construct the composite index (with each indicator assigned equal weight) and the diffusion index.Leading Indicator C302733* Revised 7: Just construct the diffusion index.ReferencesSalvatore, D. (2012). Managerial economics in a global economy (7th ed.). New York: Oxford University Press.Chapter 6 Problem 7