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Assume the econometric model is Y t =+ 1 Y t-1 + 2 Y t-2 +X t +U t and hypothetically Conduct Lagrange multiplier (

Assume the econometric model is Yt=+1Yt-1+ 2Yt-2+Xt+Ut and hypothetically Conduct Lagrange multiplier(LM) test for serial correlation for this model by using appropriate steps.

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