Question: Consider the following AR model for the variable yt: Yt = 1+0.75yt-1 + Et where Et is a white noise process. We know that

Consider the following AR model for the variable yt: Yt = 1+0.75yt-1 + Et where Et is a white noise process. We know that the variable yt is stationary. Then we can compute that E(yt) is equal to: Your Answer: Answer

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