Which of the following is true when the parameter lambda equals 0.95?
A. The weight given to the most recent observation is 0.95
B. The weight given to the observation one day ago is 95% of the weight given to the observation two days ago
C. The weights given to observations add up to 0.95
D. The weights given to the observation two days ago is 95% of the weight given to the observation one day ago
D
The weights given to observations go down by 5% for each day we go back in time.
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Porsche relies on currency hedging rather than price increases in order to:
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In which of the following cases can the alter ego doctrine be invoked?
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Social security benefits are:
A) provided on a current-income basis B) actuarially reserved C) welfare assistance D) not funded by general tax revenues
A condominium unit cannot be mortgaged
Indicate whether the statement is true or false