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An analyst is building a model to predict stock market downturns. According to the academic literature and his practitioner knowledge and expertise, he has selected
An analyst is building a model to predict stock market downturns. According to the academic literature and his practitioner knowledge and expertise, he has selected 10 variables as potential predictors. Before continuing to construct the model, the analyst would like to get a sense of how closely these variables are associated with the broad stock market index and whether any pair of variables are associated with each other. The most important visual for this purpose will be: (a) Scatter Plot Matrix (b) Scatter Plot (c) Line Chart
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