Use standard formula along.Solve all suparts

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter4: Eigenvalues And Eigenvectors
Section4.6: Applications And The Perron-frobenius Theorem
Problem 22EQ
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Use standard formula along.Solve all suparts 

The data below show the volume of transactions (in hundreds of thousands) in shares of a corporation over a period of 12 weeks. Using these data, estimate a first-order autoregressive model, and use the fitted model to obtain forecasts of
volume for the next 3 weeks.
Week | 1 2 3
Trading
Volume
4
5
6
7
10
11
12 O
31.4 11.9 7.4
11.9 23.1
14.3
8.1 23.8 15.7 20.8 20.6 23.4
The estimated first-order autoregressive model is x, =+ Dx-1-
(Round to two decimal places as needed.)
x, = (Round to two decimal places as needed.)
X44 = (Round to two decimal places as needed.)
X, =(Round to two decimal places as needed.)
Transcribed Image Text:The data below show the volume of transactions (in hundreds of thousands) in shares of a corporation over a period of 12 weeks. Using these data, estimate a first-order autoregressive model, and use the fitted model to obtain forecasts of volume for the next 3 weeks. Week | 1 2 3 Trading Volume 4 5 6 7 10 11 12 O 31.4 11.9 7.4 11.9 23.1 14.3 8.1 23.8 15.7 20.8 20.6 23.4 The estimated first-order autoregressive model is x, =+ Dx-1- (Round to two decimal places as needed.) x, = (Round to two decimal places as needed.) X44 = (Round to two decimal places as needed.) X, =(Round to two decimal places as needed.)
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