Question: This question is based on daily log returns for Microsoft Corporation stock from 10/19/2020 to 10/15/2021. You are interested in modeling the log returns using
This question is based on daily log returns for Microsoft Corporation stock from 10/19/2020 to 10/15/2021. You are interested in modeling the log returns using an AR(1) process. Use the SAS output provided and answer the following questions using the 5% significance level when performing an hypothesis test. Round to four decimals when reporting and/or using values from the SAS output.
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