P-A-F model

IS-MP model

Selection of a model is based on

Assume you collected data representing the number of full-time employed males ('000) without access to paid leave entitlements in Australia from 1992 to 2007, fitted a third-order autoregressive model and found a p-value = 0.50 for the third-order autoregressive parameter. Based on this information what conclusion can you make.a.The second-order parameter of the autoregressive model is insignificant and can be deleted.b.The second-order parameter of the autoregressive model is significant and should remain in the model.c.The third-order parameter of the autoregressive model is significant and should remain in the model.d.The third-order parameter of the autoregressive model is insignificant and can be deleted.

Assume you collected data representing the number of full-time employed males ('000) without access to paid leave entitlements in Australia from 1992 to 2007, fitted a third-order autoregressive model and found a p-value = 0.50 for the third-order autoregressive parameter. Based on this information what conclusion can you make. a. The second-order parameter of the autoregressive model is insignificant and can be deleted. b. The third-order parameter of the autoregressive model is significant and should remain in the model. c. The second-order parameter of the autoregressive model is significant and should remain in the model. d. The third-order parameter of the autoregressive model is insignificant and can be deleted.

Why the growth rate in FCF model is so high?