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Please give a thorough explanation of the steps to solve this as this is a practice question for my midterm tomorrow, and I have gotten
Please give a thorough explanation of the steps to solve this as this is a practice question for my midterm tomorrow, and I have gotten six different answers so far. I do not understand what I am doing right or wrong. FindtherootsoftheARpolynomialfor
Xt=.25Xt1+0.75Xt2+et.
Usetherootstocheckforweakstationarity.
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