Essay
Consider the AR(1)model Yt = β0 + β1Yt-1 + ut, 
< 1..
(a)Find the mean and variance of Yt.
(b)Find the first two autocovariances of Yt.
(c)Find the first two autocorrelations of Yt.
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(a)Rewrite the AR(1)model as follows
Yt ...View Answer
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Yt ...
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