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Why is it important to test for non-stationarity in time series data before attempting to build an empirical model?Explain

Posted on March 30, 2021 by Shady

Question 1 [24 Marks] For ALL of the following statements, say whether each one is TRUE or FALSE. Then, justify your answer with a careful explanation. Please note that explanations may also involve mathematical and or/ graphical illustrations. Please also note that marks will depend on the accuracy of each answer provided. Each correct and […]

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