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    Exam 20: Time-Series Analytics and Forecasting
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    An Estimated Second-Order Autoregressive Model for Average Mortgage Rate Is
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An Estimated Second-Order Autoregressive Model for Average Mortgage Rate Is

Question 90

Question 90

Short Answer

An estimated second-order autoregressive model for average mortgage rate is: An estimated second-order autoregressive model for average mortgage rate is:   .If the average mortgage rate in 2003 was 7.0,and in 2002 was 6.5,the forecast for 2004 is ____________________,and for 2005 is ____________________. .If the average mortgage rate in 2003 was 7.0,and in 2002 was 6.5,the forecast for 2004 is ____________________,and for 2005 is ____________________.

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