A variable is measured at three times, y1 at time 1, y2 at time 2, and y3
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A variable is measured at three times, y1 at time 1, y2 at time 2, and y3 at time 3. Suppose the chain relationship holds, with y1 affecting y2, which in turn affects y3. Does this sequence of observations satisfy Markov dependence?
Explain.
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