Question: Consider the model ( 1 - 0 . 4 3 B ) ( 1 - B ) Z t = a t , and the

Consider the model
(1-0.43B)(1-B)Zt=at,
and the observations Z49=33.4 and Z50=33.9.
(a) Compute the forecast Z50(l), for l=1,2,3,4, and their 90% forecast
intervals.
(b) At time t=51,Z51 became known and equaled 34.1. Updated the
forecast obtained in (a).
 Consider the model (1-0.43B)(1-B)Zt=at, and the observations Z49=33.4 and Z50=33.9. (a)

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