Question: Consider the AR(1) model given by (1 where t N(0v) where t N(0v) B)(yt ) = t (a) Find the MLEs for and when =0

Consider the AR(1) model given by

(1 where t N(0v)

where t N(0v)

B)(yt

) = t

(a) Find the MLEs for and when =0

(b) Assume that v is known, = 0 and that the prior distribution for is U( 01) Find an expression for the posterior distribution of

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