Solved: How to construct the diffusion index, Microeconomics

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How to construct the diffusion index

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Q: The following table present data on three leading indicators for a three month period.Construct the composite index (with each indicator assigned equal weight) and the diffusion index

Revised: Just construct the diffusion index.

Leading Leading Leading

Month Indicator A Indicator B Indicator C

110020030

211023027

312024033

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