Question: Simulate two AR(3) processes, one with strong persistence and the other with very little persistence. Explain the models that you choose.

Simulate two AR(3) processes, one with strong persistence and the other with very little persistence. Explain the models that you choose.

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We simulate 2000 observations of the following two AR 3 processes y t 0 01y t1 01y t2 01y t3 t w t 0 ... View full answer

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