If ε_t Is the Error in Time T,ε_t-1 is the Error

question 141

Multiple Choice

If ε_t is the error in time t,ε_t-1 is the error in the previous time period,ρ is the correlation coefficient,and μ_t a random variable with autocorrelation,which of the following is the first-order autoregressive model of autocorrelated behavior?

• A)ε_t = ρε_t-1μ_t
• B)ε_t =
• C)ε_t = ρε_t-1 + μ_t
• D)ε_t = ρε_t-1 - μ_t

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Definitions:

Ethical Relativism

A philosophical viewpoint suggesting that moral principles are valid only relative to specific social, cultural, or personal contexts.

Kant

Immanuel Kant, an 18th-century German philosopher who is known for his work on deontological ethics, the theory of knowledge, and aesthetics.

Autonomy

Independence. Intellectual autonomy is the ability of a rational person to reach his or her own conclusions about what to believe and what not to believe. Moral autonomy is the ability of a rational person to reach his or her own moral conclusions about what is right and what is wrong. (This does not mean that people will necessarily come to different conclusions.)

Psychological

Pertaining to the mind or mental processes, often focusing on behavior, cognition, emotions, and the mental functions in individuals.