An estimated second-order autoregressive model for average mortgage rate is: .If the average mortgage rate in 2003 was 7.0,and in 2002 was 6.5,the forecast for 2004 is ____________________,and for 2005 is ____________________.

Question

An estimated second-order autoregressive model for average mortgage rate is:  .If the average mortgage rate in 2003 was 7.0,and in 2002 was 6.5,the forecast for 2004 is ____________________,and for 2005 is ____________________.

Quizplus · Accepted Answer

The Answer of An estimated second-order autoregressive model for average mortgage rate is:  .If the average mortgage rate in 2003 was 7.0,and in 2002 was 6.5,the forecast for 2004 is ____________________,and for 2005 is ____________________.

An Estimated Second-Order Autoregressive Model for Average Mortgage Rate Is