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Simulate and plot the ACF, to lag 50, of the following time series: (a).X1,X2,...,X500 is a white noise time series following a Normal distribution N(0,1).
Simulate and plot the ACF, to lag 50, of the following time series:
(a).X1,X2,...,X500 is a white noise time series following a Normal distribution N(0,1).
(b).X1,X2,...,X500 is a AR(1) from Textbook Exercise 2.4 with=0.8.
(c).X1,X2,...,X500 is a random walk series from Textbook Exercise 2.5 with= 5 and2w= 1.
Assume the white noise series wt follows a Normal distribution.
Comment on the differences you see in the three ACF plots.
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