The AR(p) model

A) is defined as Yt = ?0 + ?pYt-p + ut.
B) represents Yt as a linear function of p of its lagged values.
C) can be represented as follows: Yt = ?0 + ?1Xt + ?pYt-p + ut.
D) can be written as Yt = ?0 + ?1Yt-1 + ut-p.


Ans: B) represents Yt as a linear function of p of its lagged values.

Economics

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