The Board of Governors of the Federal Reserve System publishes data on mortgage debt outstanding by type
Question:
The Board of Governors of the Federal Reserve System publishes data on mortgage debt outstanding by type of property and holder. The following data give the amounts of residential nonfarm debt (in $ billions) held by savings institutions in the United States over a 10-year period. Use these data to develop an autoregression model with a one-period lag. Discuss the strength of the model.
Year Debt
1 .....529
2 .....554
3 .....559
4 .....602
5 .....672
6 .....669
7 .....600
8 .....538
9 .....490
10 .....470
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
Question Posted: