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#m249 #mathematics #open-university #statistics #time-series
Consider the multiplicative model Xt = mt × st × Wt .Let Yt denote the time series of logarithms: Yt =log Xt .Then
  • Yt =log Xt
  • Yt= log(mt × st × Wt)
  • Yt= log mt +log st +log Wt .
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