First-order autocue relation in the error terms

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Refer to Table 12.1.

a. Plot £, against £t-1 fort = I. .... 10 on a graph. How is the positive first-order autocue relation in the error terms shown by the plot?

b. If you plotted α, against £t-1 for t = I ..... 10, what pattern would you expect?

Table 12.1

Reference no: EM131093758

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