Final answer:
The DJIA does not more completely characterize the set of stocks in the U.S. than the Wilshire 5000 index. The Wilshire 5000 index provides a more comprehensive view of the U.S. stock market as it includes a larger number of companies compared to the DJIA.
Step-by-step explanation:
The DJIA (Dow Jones Industrial Average) does not more completely characterize the set of stocks in the U.S. than the Wilshire 5000 index. While the DJIA is a well-known measure of stock performance on the New York Stock Exchange, it is based on the stock prices of 30 industrial stocks. On the other hand, the Wilshire 5000 index tracks the stock prices of essentially all U.S. companies that have stock the public can buy and sell.
Both the DJIA and the Wilshire 5000 index are broad stock market measures that tend to move together. However, the Wilshire 5000 index provides a more comprehensive view of the U.S. stock market as it includes a larger number of companies compared to the DJIA.