Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Given below are the ACFS and PACFS from 3 stationary time series. Based on your examination of the ACFS and PACFS, propose a time

      

Given below are the ACFS and PACFS from 3 stationary time series. Based on your examination of the ACFS and PACFS, propose a time series model for a. Situation 1 b. Situation 2 c. Situation 3 Give a reason to support your answer in each case. If an appropriate model is not evident from these plots in any of the 3 sitations, explain carefully why you believe this is so. Situation 1 Lag AutoCorr -.8-.6-4-.2 0.2 .4 .6 .8 Ljung-Box Q p-Value Partial -.8-.6-4-2 0 .2 4 .6 .8 Lag 0 1.0000 1 0.7483 2 -0.2697 3 -0.4206 1.0000 0.7483 25.7951 Situation 2 Lag AutoCorr -.8-.6-4-2 0.2 4.6 .8 Ljung-Box Q p-Value Lag Partial -8-.6-4-20 .2 4.6 .8 1.0000 0 1.0000 0.7435 18.8516 Situation 3 Time Series Basic Diagnostics Lag AutoCorr -.8-.6-4-.2 0 .2 .4 .6 .8 Ljung-Box Q p-Value Lag Partial -.8-.6-4-.2 0 .2 4 .6 .8 1.0000 1.0000 -0.4656 109.056

Step by Step Solution

3.41 Rating (151 Votes )

There are 3 Steps involved in it

Step: 1

a Its Timeseries Data it has below characteristics 1 Trend 2 Season... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Statistics The Exploration & Analysis Of Data

Authors: Roxy Peck, Jay L. Devore

7th Edition

0840058012, 978-0840058010

More Books

Students also viewed these Accounting questions