Question
From a sample of 50 consecutive observations from a stationary process, the table below gives values for the sample autocorrelation function (ACF) and the sample
From a sample of 50 consecutive observations from a stationary process, the table below gives values for the sample autocorrelation function (ACF) and the sample partial autocorrelation function (PACF): Lag ACF PACF
1 0.854 0.854
2 0.820 0.371
3 0.762 0.085
The sample variance of the observations is 1.253.
Suggest an appropriate model, based on this information, giving your reasoning.
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Accounting for Governmental and Nonprofit Entities
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
18th edition
1260190080, 1260190083, 978-1259917059
