Question: Again, consider the 10 excess stock returns in the file m-excess-c10sp9003.txt. Perform a statistical factor analysis. How many common factors are there if the 5%

Again, consider the 10 excess stock returns in the file m-excess-c10sp9003.txt. Perform a statistical factor analysis. How many common factors are there if the 5% significance level is used? Plot the estimated factor loadings of the fitted model. Are the common factors meaningful?

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