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chenq · 2025年03月26日

不懂为什么选a不选b啊

NO.PZ2023040502000039

问题如下:

Kamini replies, “I’m convinced the P/E series based on trailing earnings truly is a random walk.”If Kamini is correct regarding the trailing P/E time series, the best forecast of next period's trailing P/E is most likely to be the:

选项:

A.

current period's trailing P/E

B.

forecast derived from applying the AR(1) model depicted in Exhibit 1 to the data

C.

average P/E of the time series

解释:

If a time series is a random walk, the best forecast of xt that can be made in period t – 1 is xt-1. So, the best forecast of the next period's trailing P/E is the current period's trailing P/E



1 个答案

品职助教_七七 · 2025年03月26日

嗨,从没放弃的小努力你好:


题干中给出了“P/E series”是random walk。所以不能使用常规的AR(1)模型去做预测。

如认为应该选B,可具体给出选B的思路和理由。

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努力的时光都是限量版,加油!

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