ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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3) true or false and give a brief explanation on why its correct or wrong.
a) To correct for seasonality in daily data, we add seven dummy variables for each
day of the week to the model.
b) In time series models, OLS estimators are consistent under the
contemporaneous exogeneity assumption.
c)Suppose yt is an I(1) process. Does This means that yt is a stationary process.
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