The following table presents data on three leading, Ask an Expert

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The following table presents data on three leading indicators for a three-month period. Construct the diffusion index from month 2 to 3. This problem, we have three leading indicators. The diffusion index from month 1 to 2 is 66.7 (=2/3) because two indicators move up and one moves down .

Month	Leading Indicator A	Leading Indicator B	Leading Indicator C
1	100	200	30
2	110	230	27
3	120	240	33

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9743830

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