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1. Marginalisation and conditioning refer to the process of model reduction within the dynamic modeling tradition, which involves simplifying models by removing extraneous variables or relationships. 2. Recursive estimation is used to assess the stability of a regression equation by re-estimating the model as new data points are added over time. 3. The presence of serial correlation in the errors of a regression equation can be checked using various tests, and if found, methods like ARCH/GARCH models al
- Author
- Syed Zeeshan
- Language
- EN