Which of the Following Is Not True of Seasonal Dummy

question 61

Multiple Choice

Which of the following is not true of seasonal dummy variables?

• A)Their values are either 0 or 1.
• B)Their number should be one less than the number of seasons.
• C)They are used to describe the seasonality in quarterly,monthly etc.time series.
• D)Their number should equal to the number of seasons.

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