7.17 In Example 7.8: (a) Show that for j > 1 the expected value of the conditional...

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7.17 In Example 7.8:

(a) Show that for j > 1 the expected value of the conditional information (given Xj−1)

that Xj contains about β is 1/(1 − β2).

(b) Determine the information X1 contains about β.

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