Suppose there is a series, Y_t, modeled by the following three equations:

1.)y_t= + e_t

2.)e_t|I_t-1N(0, h_t)

3.)h_t= ₀+ ₁e²_t-1,₀>0, 0 ₁<1

Equation 2 indicates the error term is

Select one:

A.Normally distributed

B.Conditionally normal

C.Bimodally distributed

D. Binomially distributed

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