A Vector Autoregression

question 21

Multiple Choice

A vector autoregression

• A)is the ADL model with an AR process in the error term.
• B)is the same as a univariate autoregression.
• C)is a set of k time series regressions, in which the regressors are lagged values of all k series.
• D)involves errors that are autocorrelated but can be written in vector format.

---

Definitions:

Group Offer

A proposal or deal made available to a specified group of people, often providing benefits or discounts exclusive to its members.

Stages of Team Development

A model describing the progression of a team through successive phases: forming, storming, norming, performing, and adjourning.

Forming

The initial stage in team development where members meet, form impressions, and establish team norms.

Storming

Storming is a phase in group development where members experience conflict and competition as they start to express individual ideas and differences following initial group formation.