(1) Consider the following difference equation: Yt Y₁ = Y₁_₁ + &₁ + 0.5€-1 t a. Find the solution for yt. You may find i
Posted: Fri Jul 01, 2022 7:42 am
(1) Consider the following difference equation: Yt Y₁ = Y₁_₁ + &₁ + 0.5€-1 t a. Find the solution for yt. You may find it useful to iterate forward from yo, and you can assume that yo is known. Is yt stationary? Why or why not?