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Problem 1: Consider the time series process Y0,Y1, defined by: Yt+1=(1w)+wYt+tfort=0,1,, where 0w1 and explain the intuition for your conjecture. Problem 1: Consider the time

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Problem 1: Consider the time series process Y0,Y1, defined by: Yt+1=(1w)+wYt+tfort=0,1,, where 0w1 and explain the intuition for your conjecture. Problem 1: Consider the time series process Y0,Y1, defined by: Yt+1=(1w)+wYt+tfort=0,1,, where 0w1 and explain the intuition for your conjecture

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