Multiple Choice
Consider the following model estimated for a time series yt = 0.3 + 0.5 yt-1 - 0.4 t-1 + t
Where t is a zero mean error process.
What is the (unconditional) mean of the series, yt ?
A) 0.6
B) 0.3
C) 0.0
D) 0.4
Correct Answer:

Verified
Correct Answer:
Verified
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