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West Texas Intermediate (WTI) is an important type of oil that is traded on world markets. Imagine it is Jan 1, 2023, and you work

West Texas Intermediate (WTI) is an important type of oil that is traded on world markets. Imagine it is Jan 1, 2023, and you work for an organization that wants to understand the evolution of monthly WTI prices. You need to find a parsimonious model and forecast the price for Jan 2023 through Dec 2023

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