(Requires Appendix Material): Show That the AR(1)process Y_t = A₁Y_t-1 $\left| a _ { 1 } \right|$

question 50

Essay

(Requires Appendix material): Show that the AR(1)process Y_t = a₁Y_t-1 + e_t; $\left| a _ { 1 } \right|$ < 1, can be converted to a MA(∞)process.

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