Problem: Would someone please provide any feedback they can on the attached question. It has been posted for more than 4 days and not many people have even viewed it. Please respond back asap.
The following table presents data on three leading indicators for a three-month period. Construct the diffusion index.
Month
|
Leading Indicator A
|
Leading Indicator B
|
Leading Indicator C
|
1
|
100
|
200
|
30
|
2
|
110
|
230
|
27
|
3
|
120
|
240
|
33
|