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Which to capture seasonality

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Reference no: EM133012155

Problem 1: In a regression model using monthly data, to capture seasonality

Select one:

a. Include 11 seasonal dummies and the intercept when estimating the regression model

b. Include one variable with values 1 to 12 to capture the 12 monthly seasonality

c. Include 3 dummies and the intercept when estimating the regression model

d. Include 12 seasonal dummies and the intercept when estimating the regression model

e. Include only as many dummies as the number of high and low seasons

Reference no: EM133012155

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