Question: For the following scenario, identify Variables (for example: DV, IV, MV) and respective relationship(s) and explain why? Economists show that weather and climate changes at
For the following scenario, identify Variables (for example: DV, IV, MV) and respective relationship(s) and explain why? Economists show that weather and climate changes at annual or longer horizons could affect a variety of fundamental outcomes in the same periods. In finance, researchers hypothesize that simultaneous cloudy weather conditions negatively affect investor mood and as a result the same day stock returns. They find that stock indexes in the U.S. and internationally have a more positive daily return if the weather in the cities of the main stock exchanges is sunnier on the same day.
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