You are given the following Money Base (MO) data of the last six decades: 7.1 (70's); 7.2 (80's); 7.8 (90's); 7.6 (00's); 6.9 (10's); and 6.2 (20's). Using past data, you have estimated an autoregression of order one on the log-differences of the data the estimates of which are (standard errors in brackets): 0.3(0.1) for the intercept and 0.8(0.9) for the first lag. Which of the following values is closer to how much bigger/smaller is the one-step ahead forecast of MO for the 30's based on this model from that of the random walk model? A. 1.28; B. 1.48; C. 1.68; D. 1.88; E. 2.08. hoice in the texthox (upper or lower case); and use only a Latin keyboard such as UK or US keyboard; alternatively, copy-paste the
You are given the following Money Base (MO) data of the last six decades: 7.1 (70's); 7.2 (80's); 7.8 (90's); 7.6 (00's); 6.9 (10's); and 6.2 (20's). Using past data, you have estimated an autoregression of order one on the log-differences of the data the estimates of which are (standard errors in brackets): 0.3(0.1) for the intercept and 0.8(0.9) for the first lag. Which of the following values is closer to how much bigger/smaller is the one-step ahead forecast of MO for the 30's based on this model from that of the random walk model? A. 1.28; B. 1.48; C. 1.68; D. 1.88; E. 2.08. hoice in the texthox (upper or lower case); and use only a Latin keyboard such as UK or US keyboard; alternatively, copy-paste the
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:You are given the following Money Base (MO) data of the last six decades:
7.1 (70's);
7.2 (80's);
7.8 (90's);
7.6 (00's);
6.9 (10's); and
6.2 (20's).
Using past data, you have estimated an autoregression of order one on the log-differences of the data the estimates of which are (standard errors in brackets): 0.3(0.1) for the
intercept and 0.8(0.9) for the first lag. Which of the following values is closer to how much bigger/smaller is the one-step ahead forecast of MO for the 30's based on this model
from that of the random walk model?
A. 1.28;
B. 1.48;
C. 1.68;
D. 1.88;
E. 2.08.
our choice in the textbox (upper or lower case); and use only a Latin keyboard such as UK or US keyboard; alternatively, copy-paste the
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