(Solved):
(a) Compare a dynamic regression model and an intervention model. What is(are) the difference(s)? ...
(a) Compare a dynamic regression model and an intervention model. What is(are) the difference(s)? (4 marks) (b) Give two real-life examples where the dynamic regression model and intervention model may be applied. (10 marks) 1 The dynamic regression model is estimated as y, = (1 -0.2B)x,-1+ Solve the expanded expression. 1-0.5B