Question: b. Explain what stylised shapes would be expected for the autocorrelation and partial autocorrelation functions for the following stochastic processes: (10 marks) white noise an

b. Explain what stylised shapes would be expected for the autocorrelation and partial autocorrelation functions for the following stochastic processes: (10 marks) white noise an AR(2) an MA(1) an ARMA (2,1)
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