The difference equation for y n , after n years for car if a new car is purchased for $ 20 , 000 and thumb rule states that cars in personal use depreciate by 15 % each year.

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Answer 1

Question

Chapter 12.1, Problem 26E

(a)

To determine

To calculate: The difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

(b)

To determine

To calculate: The solution of difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

(c)

To determine

To calculate:

The amount of money for the car after 5 years if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

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Module Code: MATH380202 3. (a) Let {} be a white noise process with variance σ2. Define an ARMA(p,q) process {X} in terms of {+} and state (without proof) conditions for {X} to be (i) weakly stationary and (ii) invertible. Define what is meant by an ARIMA (p, d, q) process. Let {Y} be such an ARIMA(p, d, q) process and show how it can also be represented as an ARMA process, giving the AR and MA orders of this representation. (b) The following tables show the first nine sample autocorrelations and partial auto- correlations of X and Y₁ = VX+ for a series of n = 1095 observations. (Notice that the notation in this part has no relationship with the notation in part (a) of this question.) Identify a model for this time series and obtain preliminary estimates for the pa- rameters of your model. X₁ = 15.51, s² = 317.43. k 1 2 3 4 5 6 7 Pk 0.981 0.974 0.968 akk 0.981 0.327 8 9 0.927 0.963 0.957 0.951 0.943 0.935 0.121 0.104 0.000 0.014 -0.067 -0.068 -0.012 Y₁ = VX : y = 0.03, s² = 11.48. k 1…

Answer 2

Question

Chapter 12.1, Problem 26E

(a)

To determine

To calculate: The difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

(b)

To determine

To calculate: The solution of difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

(c)

To determine

To calculate:

The amount of money for the car after 5 years if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

Expert Solution & Answer

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Answer 3

Question

Chapter 12.1, Problem 26E

(a)

To determine

To calculate: The difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

(b)

To determine

To calculate: The solution of difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

(c)

To determine

To calculate:

The amount of money for the car after 5 years if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

Expert Solution & Answer

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Check out a sample textbook solution

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Answer 4

Question

Chapter 12.1, Problem 26E

(a)

To determine

To calculate: The difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

(b)

To determine

To calculate: The solution of difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

(c)

To determine

To calculate:

The amount of money for the car after 5 years if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

Expert Solution & Answer

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Answer 5

Chapter 12.1, Problem 26E

(a)

To determine

To calculate: The difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

(b)

To determine

To calculate: The solution of difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

(c)

To determine

To calculate:

The amount of money for the car after 5 years if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

Answer 6

Chapter 12.1, Problem 26E

(a)

To determine

To calculate: The difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

Answer 7

Chapter 12.1, Problem 26E

(a)

To determine

To calculate: The difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

Answer 8

(b)

To determine

To calculate: The solution of difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

Answer 9

(b)

To determine

To calculate: The solution of difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

Answer 10

(c)

To determine

To calculate:

The amount of money for the car after 5 years if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

Answer 11

(c)

To determine

To calculate:

The amount of money for the car after 5 years if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

Answer 12

Expert Solution & Answer

Answer 13

Expert Solution & Answer

Answer 14

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Answer 15

Ch. 12.1 - Consider the difference equation...Ch. 12.1 - Prob. 2CYU Ch. 12.1 - Prob. 1E Ch. 12.1 - Prob. 2E Ch. 12.1 - Prob. 3E Ch. 12.1 - Prob. 4E Ch. 12.1 - Prob. 5E Ch. 12.1 - For each of the difference equations in Exercises...Ch. 12.1 - Prob. 7E Ch. 12.1 - Prob. 8E

The difference equation for y n , after n years for car if a new car is purchased for $ 20 , 000 and thumb rule states that cars in personal use depreciate by 15 % each year.

Solution Summary: The author calculates the difference equation for y_n based on the thumb rule, whereby cars in personal use depreciate by 15% each year.

Videos

To calculate: The difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

To calculate: The solution of difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

To calculate:

The amount of money for the car after 5 years if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

Want to see the full answer?

Chapter 12 Solutions

The difference equation for y n , after n years for car if a new car is purchased for $ 20 , 000 and thumb rule states that cars in personal use depreciate by 15 % each year.

Solution Summary: The author calculates the difference equation for y_n based on the thumb rule, whereby cars in personal use depreciate by 15% each year.

Videos

To calculate: The difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

To calculate: The solution of difference equation for yn, after n years for car if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

To calculate: The amount of money for the car after 5 years if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.

Want to see the full answer?

Chapter 12 Solutions

To calculate:

The amount of money for the car after 5 years if a new car is purchased for $20,000 and thumb rule states that cars in personal use depreciate by 15% each year.