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Which of the following statements about the Autocorrelation Function ( ACF ) and Partial Autocorrelation Function ( PACF ) is TRUE? a ) ACF measures
Which of the following statements about the Autocorrelation Function ACF and Partial Autocorrelation Function PACF is TRUE?
a ACF measures the direct relationship between a variable and its lagged values, while PACF measures the indirect relationship.
b PACF measures the direct relationship between a variable and its lagged values, while ACF measures the indirect relationship.
c Both ACF and PACF measure the same relationship between a variable and its lagged values.
d ACF and PACF are unrelated to each other.
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