Describe the following terms
a) stationary time series
b) seasonal time series
c) box test ( clearly define your notation and the null and
alternative hypotheses)
Explain why behavioural genetic studies are very crucial to
study of personality include a valuable contribution and one
outside source to support the argument.
(1) What two plots might you use to check whether a given time
series is stationary? How are they used?
(2) What plot might you use to determine the order of an MA
process? What plot might you use to determine the order of an AR
process? How are they used?
(3) After fitting a time series model, what two plots might
you use to assess whether the fitted model is appropriate? How are
they used?
Which one of the following time series is most likely to be
stationary?
Select one:
Consumer price index
Financial asset returns
Life expectancy
Nominal gross domestic product
Provide a detailed explanation on why the selected option is
correct.