2. Suppose that a researcher had estimated the first five autocorrelation coefficients using a series of length 100 observations, and found them to be: Lag Autocorrelation coefficient Test each of the individual correlation coefficients for significance, and test all five jointly using the Box-Pierce and Ljung-Box tests. 1 2 0.207 -0.013 3 0.086 4 5 0.005 -0.022

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2. Suppose that a researcher had estimated the first five autocorrelation coefficients
using a series of length 100 observations, and found them to be:
Lag
1 2
0.207 -0.013
3
0.086
4
5
0.005 -0.022
Autocorrelation coefficient
Test each of the individual correlation coefficients for significance, and test all five
jointly using the Box-Pierce and Ljung-Box tests.
Transcribed Image Text:2. Suppose that a researcher had estimated the first five autocorrelation coefficients using a series of length 100 observations, and found them to be: Lag 1 2 0.207 -0.013 3 0.086 4 5 0.005 -0.022 Autocorrelation coefficient Test each of the individual correlation coefficients for significance, and test all five jointly using the Box-Pierce and Ljung-Box tests.
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