____ Indicator(s) Are Used to Identify the Peaks and Troughs

question 97

Multiple Choice

____ indicator(s) are used to identify the peaks and troughs in business cycles.

• A) Leading
• B) Coincident
• C) Lagging
• D) Leading and lagging
• E) Leading, coincident, and lagging

---

Definitions:

Degrees of Freedom

In statistics, it refers to the number of independent values or quantities which can be assigned to a statistical distribution, less the number of parameters estimated.

Chi-Square

A statistical test used to assess the differences between categorically grouped data by comparing the observed frequencies of groups with expected frequencies derived from a hypothesis.

Row Variable

A variable that constitutes the basis for organizing data in rows in a table or matrix, often used in cross-tabulation.

Column Variable

A variable represented in one of the vertical columns of a data table, often used in multivariate analysis and cross-tabulations.