(Step-by-Step) It has often been claimed that the length of women's skirts is a predictor of the Dow Jones Industrial Average. This correlation between
Question: It has often been claimed that the length of women's skirts is a predictor of the Dow Jones Industrial Average. This correlation between high hem lines and high DJIA is a well-documented statistical fact. (I'm not making this up, by the way.) Now suppose that the new spring collection is out and short skirts are in. Give an economic argument in favor of or against calling your broker and placing a large order.
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