4.6 Using the data in Table 4-5, examine the inuence of dierent starting values for and...

Question:

4.6 Using the data in Table 4-5, examine the in°uence of di®erent starting values for ® and di®erent values for ¯ on the ¯nal value for ® in period 12. Try using ® = 0:1 and ® = 0:3 in combination with ¯ values of 0.1, 0.3, and 0.5. What role does

¯ play in ARRSES?

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