Question: In Problem 5.8, the New York Stock Exchange Composite Index and daily volume for August 9 through September 17, 1982, were presented. Describe how volume
In Problem 5.8, the New York Stock Exchange Composite Index and daily volume for August 9 through September 17, 1982, were presented. Describe how volume appears to be affected by the price index, using regression analysis. Describe whether or not the residuals from your regression analysis are serially correlated. Plot the index versus time and volume versus time, and describe the relationships you see in these plots.
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