Question: For the AR(1) model x t = 4 - 0.6x t-1 + w t a) Give a numerical value for the first lag autocorrelation b)

For the AR(1) model xt = 4 - 0.6xt-1 + wt

a) Give a numerical value for the first lag autocorrelation

b) Give a numerical value for the second lag autocorrelation

c) Give a numerical value for the third lag autocorrelation

d) Describe the appearance of the PACF for this model

For the AR(1) model xt = 4 - 0.6xt-1 + wt a)

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