Create an acf plot and compare with your answer

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Reference no: EM131926064

Problem

Shipments of Household Appliances. The time plot in Figure 17.18 shows the series of quarterly shipments (in million dollars) of US household appliances between 1985-1989 (data are available in ApplianceShipments.csv, data courtesy of Ken Black). If we compute the autocorrelation of the series, which lag (> 0) is most likely to have the largest coefficient (in absolute value)? Create an ACF plot and compare with your answer.

1450_Figure 17.18.jpg

Reference no: EM131926064

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