Question: A third-order autoregressive model is fitted to an annual time series with 17 values and has the following estimated parameters and standard errors: At the
At the 0.05 level of significance, test the appropriateness of the fitted model.
ao = 4.50 al = 1.80 a2=0.80 = 0.24 Sal= 0.50 Sa = 0.30 Sal = 0.10
Step by Step Solution
3.36 Rating (159 Votes )
There are 3 Steps involved in it
t STAT a 3 Sa 3 024 010 24 is greater than the c... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
854-M-S-L-R (6988).docx
120 KBs Word File
