If you have monthly data over a number of years, how many dummy variables will you introduce
Question:
If you have monthly data over a number of years, how many dummy variables will you introduce to test the following hypotheses:
a. All the 12 months of the year exhibit seasonal patterns.
b. Only February, April, June, August, October, and December exhibit seasonal patterns.
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a If the intercept is present in the model introduce ...View the full answer
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