Question: Exercise 8 of Chapter l includes data on the Japanese exchange rate (EXRJ) by month. On the basis of a time-series plot of these data
Exercise 8 of Chapter l includes data on the Japanese exchange rate (EXRJ) by month. On the basis of a time-series plot of these data and the autocorrelation structure of EXRJ, would you say the data are stationary? Explain your answer.
In exercise
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929 891640 963407 45 384 3978993 45555443 2 d-2 0 1 2 4 5 6 7 8 9 0 1 2 68297139 375089440256 770273015233 223334444444 r-23456789 111
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