E4 2. (Updating forecasts) You use AR(1) model X - 100 = 0.6(X-1 - 100) + 24 to represent a timeseries of 100 observations. You are given that X00= 110. You later observe Xjoi= 95. CalculatePiot X10s - Pioo X103(Hint: review Example 13.1 on slides 9- 10 of Week 7.)3 An ARMA90

Given :AR(1) modelTime seriesXt-100=0.6(Xt-1 -100)+Zt X100 =110X101= 95

Answered: sts) You use AR(1) model X-100…

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Chapter6: Exponential And Logarithmic Functions

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sts) You use AR(1) model X-100 0.6(x-1-19