Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The answer is Sarima (0,0,1) * (1,0,0)12. Can you please briefly explain how is that? Solution: The ACF is decreasing at multiples of 12 .
The answer is Sarima (0,0,1) * (1,0,0)12. Can you please briefly explain how is that?
Solution: The ACF is decreasing at multiples of 12 . So a seasonal AR(1) component with S=12. Also, within a period, only the first lag is non-zero, so another MA(1) component. So the simplest model with this pattern is an SARIMA(0,0,1)(1,0,0)12 modelStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started