Question: This question refers to dataset below a. Using Minitab to conduct Time Series Plot and Autocorrelation Plot with 13 lags for the original series. (10
This question refers to dataset below a. Using Minitab to conduct Time Series Plot and Autocorrelation Plot with 13 lags for the original series. (10 marks) b. Is this IBM series stationary, based on the Autocorrelation Plot? Use Minitab to conduct data differencing if the series is nonstationary, ACF Plot and Partial ACF Plot for these differenced series. (15 marks) c. Definite p, d, q to propose maximum 2 candidate ARIMA(p,d,q) models for this IBM series, concluded from above plots to briefly explain why. (10 marks)
| Period | IBM |
| Jan. 6 | 267 |
| 13 | 267 |
| 20 | 268 |
| 27 | 264 |
| Feb. 3 | 263 |
| 10 | 260 |
| 17 | 256 |
| 24 | 256 |
| Mar. 3 | 252 |
| 10 | 245 |
| 17 | 243 |
| 24 | 240 |
| 31 | 238 |
| Apr. 7 | 241 |
| 14 | 244 |
| 21 | 254 |
| 28 | 262 |
| May. 5 | 261 |
| 12 | 265 |
| 19 | 261 |
| 26 | 261 |
| Jun. 2 | 257 |
| 9 | 268 |
| 16 | 270 |
| 23 | 266 |
| 30 | 259 |
| Jul. 7 | 258 |
| 14 | 259 |
| 21 | 268 |
| 28 | 276 |
| Aug. 4 | 285 |
| 11 | 288 |
| 18 | 295 |
| 25 | 297 |
| Sep. 1 | 292 |
| 8 | 299 |
| 15 | 294 |
| 22 | 284 |
| 29 | 277 |
| Oct. 6 | 279 |
| 13 | 287 |
| 20 | 276 |
| 27 | 273 |
| Nov. 3 | 270 |
| 10 | 264 |
| 17 | 261 |
| 24 | 268 |
| Dec. 1 | 270 |
| 8 | 276 |
| 15 | 274 |
| 22 | 284 |
| 29 | 304 |
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