Multiple Choice
The ADL(p,q) model is represented by the following equation
A) Yt = β0 + βpYt-p + δqXt-q + ut.
B) Yt = β0 + β1Yt-1 + β2Yt-2 + ...+ βpYt-p + δqut-q.
C) Yt = β0 + β1Yt-1 + β2Yt-2 + ...+ βpYt-p + δ0 + δ1Xt-1 + ut-q.
D) Yt = β0 + β1Yt-1 + β2Yt-2 + ...+ βpYt-p + δ1Xt-1 + δ2Xt-2 + ...+ δqXt-q + ut.
Correct Answer:
Verified
Correct Answer:
Verified
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