Question: Q.2 Basic Multivariate Analysis: below is a ACF plot. a. What do you observe from ACF functions? b. What is a lag in an ACF

Q.2 Basic Multivariate Analysis: below is a ACF plot. a. What

Q.2 Basic Multivariate Analysis: below is a ACF plot. a. What do you observe from ACF functions? b. What is a lag in an ACF function? c. What does a correlation co-efficient indicate? Series resid(m1) 1.0 0.5 ACF 0.0 -0.5 0 10 20 30 40 Lag

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