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The DJIA is often criticized as not being representative of the economy given that it comprises of stocks of only 30, large, mature, and less

The DJIA is often criticized as not being representative of the economy given that it comprises of stocks of only 30, large, mature, and less volatile companies. It has been observed that the DJIA performance often does not mimic that of the NYSE. What are the merits or demerits of the DJIA composition? Provide examples to support your answer.

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