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You are given the following time-series model: Xt = 0.8Xt1 + 2 + Zt 0.5Zt1. Which of the following statements about this model is false?
You are given the following time-series model: Xt = 0.8Xt1 + 2 + Zt 0.5Zt1. Which of the following statements about this model is false?
A. X(1) = 0.4.
B. X(k) < X(1), k 2.
C. The model is ARMA(1,1).
D. The model is stationary.
E. The mean, X, is 2.
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