Consider the monthly unemployment rates of Illinois, Michigan, and Ohio from January 1976 to November 2009. The
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Consider the monthly unemployment rates of Illinois, Michigan, and Ohio from January 1976 to November 2009. The data are seasonally adjusted and can be obtained from the Federal Reserve Bank of St. Louis (FRED). See the file \(\mathrm{m}\)-3state-un.txt. Identity the Kronecker indices of the three-dimensional unemployment rates. No estimation is needed as the data were analyzed.
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