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Basic Question 7 of 8

The Generalized Autoregressive Conditional Heteroskedasticity (GARCH) model extends the ARCH model by including:

A. Only lagged residuals.
B. Both lagged residuals and lagged conditional variances.
C. Exogenous variables.
D. No additional terms.

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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

explain autoregressive conditional heteroskedasticity (ARCH) and describe how ARCH models can be applied to predict the variance of a time series;

CFA® 2025 Level II Curriculum, Volume 1, Module 5.