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In: Economics

Q.9.1 Explain the various steps involved in the Box‐Jenkins methodology for forecasting. (4 marks) Q.9.2 Which...

Q.9.1 Explain the various steps involved in the Box‐Jenkins methodology for forecasting.

Q.9.2 Which step do you think is the most significant? Why?

Q.9.3 What are the differences and or similarities between Box–Jenkins and VAR approaches to

economic forecasting?

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