Recipe for transforming the data into white noise

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Question: Discuss the statement, "A time series model is a recipe for transforming the data into white noise." Give examples. How might you detect deviant data?

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Reference no: EM131832369

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Recipe for transforming the data into white noise : Discuss the statement, "A time series model is a recipe for transforming the data into white noise." Give examples. How might you detect deviant data?
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