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Question 2 (16 marks) Assume that time series {y}1 follows an ARMA(1,1) process: Yt = c + pyt-1+nt + Ont-11 where lo

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Question 2 (16 marks) Assume that time series {y}1 follows an ARMA(1,1) process: Yt = c + pyt-1+nt + Ont-11 where lo

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