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Determine whether the following VAR(1) is stationary or not: Y_t = begin{bmatrix} 0.7 & 0.2 0.1 & 0.5 end{bmatrix} Y_{t-1} + varepsilon_t
Determine whether the following VAR(1) is stationary or not: Y_t = \begin{bmatrix} 0.7 & 0.2 \\ 0.1 & 0.5 \end{bmatrix} Y_{t-1} + \varepsilon_t
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Precalculus
Authors: Michael Sullivan
10th Global Edition
1292121772, 1292121777, 978-1292121772
