V; = po + Þ1Vt-1 + a; vhere Po =0.2 and P1 =0.8 what is the overall mean of the series? Answer to two decimal places of accuracy.

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Suppose a series V; is modeled with the following process
V; = po + P1 Vt–1 + a;
where Po =0.2 and 01 =0.8 what is the overall mean of the series? Answer to two
decimal places of accuracy.
Transcribed Image Text:Suppose a series V; is modeled with the following process V; = po + P1 Vt–1 + a; where Po =0.2 and 01 =0.8 what is the overall mean of the series? Answer to two decimal places of accuracy.
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