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Consider a simulated time series of lengthT=10 5 T=105whose ACF is presented in the figure below. Using the figure below: Propose a reasonable model for

Consider a simulated time series of lengthT=10

5

T=105whose ACF is presented in the figure below. Using the figure below:

  1. Propose a reasonable model for this time series. Justify your answer.
  2. Propose a rough estimate of the model's parameters. Justify your answer.

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