i. The figure below provides information on a univariate time series variable, labour (1:): 6000-

MATLAB: An Introduction with Applications
6th Edition
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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Question 4
i.
The figure below provides information on a univariate time series variable, labour (l:):
6000
5600
5200
4800
4400-
4000
95 96
97 98
99
00
01 02
03
04
Labour provides information on the quantity of labour force (i.e., number of employees), in a
big French company from January 1995 until December 2004.
i.
Briefly describe the characteristics of a "stationary time series". Looking only at Figure
1, indicate whether the series is likely to be "stationary" or "non-stationary"."
Transcribed Image Text:Question 4 i. The figure below provides information on a univariate time series variable, labour (l:): 6000 5600 5200 4800 4400- 4000 95 96 97 98 99 00 01 02 03 04 Labour provides information on the quantity of labour force (i.e., number of employees), in a big French company from January 1995 until December 2004. i. Briefly describe the characteristics of a "stationary time series". Looking only at Figure 1, indicate whether the series is likely to be "stationary" or "non-stationary"."
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