Times series plots, Advanced Statistics

Assignment Help:

There is high level of fluctuation in a zigzag pattern in the time series for RESI1 which indicates that there is possibly negative autocorrelation present.

787_Times Series Plots.png

Column C11 shows the variation of the values that are illustrated in the time series graph and in this case there is possibly negative autocorrelation but it is not clearly visible on the time series therefore it can be identified from the RESI1 figures below as it is positive value at first and then drops down to a negative value.

2364_Times Series Plots1.png

In a time series an outlier is referred to a point that is usually a high data point or small data point in contrast to the rest of the data. There is a definite outlier in this times series which is value 0.203811 with the index of 448 because most data points fall in between 0.00 to 0.05 as evident on the time series. This data point has high leverage as they disproportionate distance away from the rest of values and it can have an influence on the slope of the regression line.  A zigzag pattern or a wave form cannot be easily recognized and shows there is no autocorrelation.


Related Discussions:- Times series plots

Describe hurdle model, Hurdle Model:  The model for count data which postul...

Hurdle Model:  The model for count data which postulates two processes, one generating the zeros in the data and one generating positive values. The binomial model decides the bina

Matlab help, Need help with Matlab assignments.

Need help with Matlab assignments.

Attack rate, Attack rate : This term frequently used for the incidence of t...

Attack rate : This term frequently used for the incidence of the disease or condition in the particular group, or during a limited interval of time, or under the special circumstan

Multi co linearity, Multi co linearity is the term used in the regression ...

Multi co linearity is the term used in the regression analysis to indicate situations where the explanatory variables are related by a linear function, making the inference of the

Hirap, #q A paper mill products two grade of paper viz., X & Y. Because of ...

#q A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a

Clustered data, Clustered data : The term applied to both the data in whic...

Clustered data : The term applied to both the data in which the sampling units are grouped into the clusters sharing some common feature, for instance families or geographical reg

Explain knox''s test, Knox's tests: These tests designed to detect any ten...

Knox's tests: These tests designed to detect any tendency for the patients with a particular disease to form the disease cluster in time and space. The tests are relied on a two-b

Marginal matching, Marginal matching is the matching of the treatment grou...

Marginal matching is the matching of the treatment groups in terms of means or other summary characteristics of matching variables. This has been shown to be almost as efficient a

Factorial moment generating function, The function of a variable t which, w...

The function of a variable t which, when extended formally as a power series in t, yields factorial moments as the coefficients of the respective powers. If the P(t) is probability

Collapsing categories, Collapsing categories : A procedure generally applie...

Collapsing categories : A procedure generally applied to contingency tables in which the two or more row or column categories are combined, in number of cases so as to yield the re

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd