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Question 1  Consider a simple time series model of the form Xt = a + b t + cXt1 + et; t = 1; 2; : : : ; T; (1) where et  N(0; 1) is a sequence of independent and normally distributed (i.n.d.) random variables. Let X0 = 0, and a, b and c be known constants. Model (1) covers the following commonly used scenarios.  Linear trending model: Xt = a + b t + et; t = 1; 2;  T: (2) What is the probability distribution of Xt ? Provide the necessary detail Random walk model without intercept: Xt = Xt1 + et; t = 1; 2 T: (3) Do you know the probability distribution of Xt ? Provide the necessary detail

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Marginal Revenue Function. If the price function and revenue functions for x units of an item are, respectively,p(x) = 100e-.006x andR(x) = xp(x) =  100xe-.006x find the marginal revenue function. What number of units gives the maximum revenue?Include a graph of the revenue function in your ans ...

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You will conduct research and perform critical analyses of the general external ecosystem, including a detailed stakeholder analysis, of the “Saudi Aramco company”. You will examine and probe the work of your peers, and then offer potential critical directing questions and specific and c ...

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Task: Review Group Problems G11‐1: Exchange Rate Effect on Industry and G11‐2: Exchange Rate Effects on Your Firm, located at the end of Chapter 11 in Managerial Economics: A Problem Solving Approach. Select one problem that relates to you and your current position in the work environment.  ...

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1.Organize yourselves into groups. Each group is to have Four or Five members depending upon the class size.2. Groups need to choose a topic from the list of topics provided by the lecturer and write an essay on the chosen topic.The list contains some micro and macro areas which would help students ...

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