MA(1) process. For the one-way error component model with remainder disturbances \(v_{i t}\) following an MA(1) process given by (5.22), verify that \(y^{* *}=\) \(\sigma_{\epsilon} \Omega^{-1 / 2} y^{*}\) is given by (5.24).

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Vit = Eit + AEi, t-1 (5.22)