Reconsider the data on the number of airline miles flown in the United Kingdom from Exercise 2.1
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Reconsider the data on the number of airline miles flown in the United Kingdom from Exercise 2.1 0. 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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