Which of the Following Statements Correctly Identifies the Difference Between

question 19

Multiple Choice

Which of the following statements correctly identifies the difference between an autoregressive model and a vector autoregressive model?

• A)In an autoregressive model, the dependent variable is expressed as a function of its own lag, whereas in a vector autoregressive model, the dependent variable is expressed as a function of the lag of an explanatory variable.
• B)In an autoregressive model, the dependent variable is expressed as a function of the lag of an explanatory variable, whereas in a vector autoregressive model, the dependent variable is expressed as a function of its own lag.
• C)In an autoregressive model several series are modeled in terms of their own past, whereas in a vector autoregressive model only one series is modeled in terms of its own past.
• D)In an autoregressive model one series is modeled in terms of its own past, whereas in a vector autoregressive model several series are modeled in terms of their past.

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Definitions:

Actual Cause

The true reason an event occurred, which directly led to the damage or injury, forming a basis for establishing legal liability.

Res Ipsa Loquitur

A legal doctrine that allows the presumption of negligence by proving that the type of accident would not occur without someone's negligence.

Duty to Drive

A legal obligation for drivers to operate vehicles with due care and in accordance with traffic laws.

Bank Damages

Bank damages refer to financial losses or penalties that a bank must pay due to legal judgments, breaches of contract, or other forms of liability.