Question: True/False - Assuming that a time series does not present serial correlation, if instead there is significant serial correlation in the squared values of the
True/False - Assuming that a time series does not present serial correlation, if instead there is significant serial correlation in the squared values of the time series, then heteroskedastic modelling techniques could be used to model this serial correlation.
Hint: One example you could think of is the return stock price, which often shows no serial correlation in the time series itself.
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