Question: Suppose we have the second - order autoregression model Y i = 1 . 2 + 0 . 3 1 Y i - 1 +

Suppose we have the second-order autoregression model
Yi=1.2+0.31Yi-1+0.22Yi-2
(Round to 2 decimal places)
A. If the observation in 2022 was 7.1, and in 2023 was 6.4, the forecast for 2024 is
B. If the observation in 2022 was 7.1, and in 2023 was 6.4, the forecast for 2025 is
 Suppose we have the second-order autoregression model Yi=1.2+0.31Yi-1+0.22Yi-2 (Round to 2

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