Reconsider the champagne sales data from Exercise 2.14. Take the natural logarithm of the data and plot
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Reconsider the champagne sales data from Exercise 2.14. Take the natural logarithm of the data and plot this new time series.
a. What impact has the log transformation had on the time series?
b. Find the autocorrelation function for this time series.
c. Interpret the sample autocorrelation function.
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Related Book For
Introduction To Time Series Analysis And Forecasting
ISBN: 9780471653974
1st Edition
Authors: Douglas C. Montgomery, Cheryl L. Jennings, Murat Kulahci
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