Question: D(t) = a + b x D(t-1) + e(t) Less than 300 Between 300 and 400 Between 400 and 450 Between 450 and 500 More

D(t) = a + b x D(t-1) + e(t)

Less than 300

Between 300 and 400

Between 400 and 450

Between 450 and 500

More than $500

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