Question: The residuals for 10 consecutive time periods are as follows: a. Plot the residuals over time. What conclusion can you reach about the pattern of
The residuals for 10 consecutive time periods are as follows:
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a. Plot the residuals over time. What conclusion can you reach about the pattern of the residuals over time?
b. Based on (a), what conclusion can you reach about the autocorrelation of the residuals?
Time Period Residua Time Period Residual 6 +1 +2 +3 +4 +5 4 10
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