suppose we want to test whether total returns to one small-stock index, the russell 2000 index, differ by month. using 13 years of data we can estimate a regression including an intercept and 11 dummy variables, one for each of the first 11 months of the year. the equation that we estimate is:

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01-12-2022
Business

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suppose we want to test whether total returns to one small-stock index, the russell 2000 index, differ by month. using 13 years of data we can estimate a regression including an intercept and 11 dummy variables, one for each of the first 11 months of the year. the equation that we estimate is:

Sagot :

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