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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