Question: Solved by using R 4. (Computing exercise, attach your code) Given the time series 53, 43, 66, 48, 52, 42, 44, 56, 44, 58, 41,

Solved by using R

4. (Computing exercise, attach your code) Given the time series 53, 43, 66, 48, 52, 42, 44, 56, 44, 58, 41, 54, 51, 56, 38, 56, 49, 52, 32, 52, 59, 34, 57, 39, 60, 40, 52, 44, 65, 43. (a) Plot the series. (b) Can you guess an approximate value for the first lag autocorrelation p1 based on the plot of the time series? (c) Plot Zt against lag 1 of Zt, and try to guess the value of p1. (d) Obtain and plot the sample autocorrelation function (ACF), then intepretate your finding

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