Comovement can be determined by
A) examining a scatter plot.
B) economic forecaseting models.
C) determining whether a series leads or lags.
D) determining the persistence in a series.
E) marking peaks and troughs.

Question

Quizplus · Accepted Answer

Comovement can be visually identified by examining a scatter plot where two variables are plotted against each other. If there is a positive correlation, the variables move in the same direction, indicating comovement.

Comovement Can Be Determined by