Repeat Exercise 22.11 for the LDNIDENDS. In exercise 22.11 Consider the data on log DPI (personal disposable
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Repeat Exercise 22.11 for the LDNIDENDS.
In exercise 22.11
Consider the data on log DPI (personal disposable income) introduced in Section 21.1 (see the book’s website for the actual data). Suppose you want to fit a suitable ARIMA model to these data. Outline the steps involved in carrying out this task.
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Follow Exercise 2211 and try the model AR12 and MA12 models of the firstdifferences of the log Divid...View the full answer
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