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Given the time series 53, 43, 66, 48, 52, 42, 44, 56, 44, 58, 41, 54, 51, 56, 38, 56, 49, 52, 32, 52, 59,

Given the time series 53, 43, 66, 48, 52, 42, 44, 56, 44, 58, 41, 54, 51, 56, 38, 56, 49, 52, 32, 52, 59, 34, 57, 39, 60, 40, 52, 44, 65, 43:

  • Plot the series
  • Can you guess an approximate value for the first lag autocorrelation coefficient 1 based on the plot of the series?
  • Plot Zt against Zt+1, and try again to guess the value of 1

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