Construct the time series plot

Assignment Help Basic Statistics

Reference no: EM1398545

Question 1:

Simulate a completely random process of length 48 with independent, normal values. Plot the time series plot. Does it look "random"? Repeat this exercise several times with a new simulation each time.

Question 2:

Simulate a completely random process of length 48 with independent, t-distributed values each with 5 degrees of freedom. Construct the time series plot. Does it look "random" and nonnormal? Repeat this exercise several times with a new simulation each time.

Reference no: EM1398545

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