The ACF and PACF shown above were calculated using data you have been asked to forecast. Answer the following questions. What do these plots probably indicate? What do these plots indicate about the stationarity of the data? What kind of adjustment is needed before ARIMA (Box Jenkins) type forecasting model can be applied to the data?
The ACF and PACF shown above were calculated using data you have been asked to forecast. Answer the following questions. What do these plots probably indicate? What do these plots indicate about the stationarity of the data? What kind of adjustment is needed before ARIMA (Box Jenkins) type forecasting model can be applied to the data?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
The ACF and PACF shown above were calculated using data you have been asked to forecast. Answer the following questions.
- What do these plots probably indicate?
- What do these plots indicate about the stationarity of the data?
- What kind of adjustment is needed before ARIMA (Box Jenkins) type forecasting model can be applied to the data?

Transcribed Image Text:1.2000
1.0000
.8000
.6000
.4000
2000
.0000
- 2000
-4000
1.2000
1.0000
.8000
.6000
4000
2000
.0000
-.2000
-.4000
ACF
-Upper Limit
Lower Limit
PACF
-Upper Limit
-Lower Limit
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