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5. The five models, AR(1), ARMA(1, 1), ARMA(1, 2), ARMA(2, 3), and ARMA(4, 3) are fitted to the same time series. The models are ranked

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5. The five models, AR(1), ARMA(1, 1), ARMA(1, 2), ARMA(2, 3), and ARMA(4, 3) are fitted to the same time series. The models are ranked using Akaike Information Criterion (AIC): AIC = -2x log-likelihood+2 x(p + q + 2). Model Loglikelihood AR(1) -650 You are given the following information: ARMA(1, 1) -641 ARMA(1, 2) -636 ARMA(2, 3) -630 ARMA(4, 3) -629 Determine the best model

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