4. Using the data sets in the worksheet named Question 3.4, estimate an AR(1) model on each...

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4. Using the data sets in the worksheet named Question 3.4, estimate an AR(1) model on each of the 100 columns of data. (Excel hint: Use the LINEST function.) Plot the histogram of the 100 1 estimates you have obtained. The true value of 1 is one in all the columns. What does the histogram tell you?

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