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    Statistics for Managers
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    Exam 16: Time-Series Analysis and Index Numbers
  5. Question
    A Second-Order Autoregressive Model for Average Mortgage Rate Is
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A Second-Order Autoregressive Model for Average Mortgage Rate Is

Question 53

Question 53

Short Answer

A second-order autoregressive model for average mortgage rate is:
A second-order autoregressive model for average mortgage rate is:    If the average mortgage rate in 2008 was 7.0, and in 2007 was 6.4, the forecast for 2010 is ________. If the average mortgage rate in 2008 was 7.0, and in 2007 was 6.4, the forecast for 2010 is ________.

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