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2. Random Walks 2a) Show that when y, is a random walk so that y, = )-1 + u, where u, ~ iid N(0, 62),
2. Random Walks 2a) Show that when y, is a random walk so that y, = )-1 + u, where u, ~ iid N(0, 62), yr = E, u, . You can assume y1 = 1 . 2b) Use the previous result to show why random walks are nonstationary
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