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2. Consider an MA(1) process for which it is known that the process mean is zero. Based on a. series of length n = 3,

2. Consider an MA(1) process for which it is known that the process mean is zero. Based on a. series of length n = 3, we observe Y1 = 0, Y2 = 1, and Y3 = 1/2. Estimate 6' and are using the method of least squares

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