Suppose that Y, follows a stationary AR(1) model with Bo = 0 and B, = 0.7. If Y = 5, what is your forecast of
Suppose that Y, follows a stationary AR(1) model with Bo = 0 and B, = 0.7. If Y = 5, what is your forecast of Y+ + 2 (that is, what is Y+ + 2 t )? Y+ + 21t = (Round your response to two decimal places.)
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