Solved

An Equation for the Random Walk Model Is Given by the Equation

Question 36

True/False

An equation for the random walk model is given by the equation: DYt=μ+εtD Y _ { t } = \mu + \varepsilon _ { t }
,where DYtD Y _ { t }
is the change in the time series from time t to time t - 1, μ\mu
is a constant,and εt\varepsilon _ { t }
is a random variable (noise)with mean 0 and some standard deviation σ\sigma
.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions