Define the residual method of estimating irregular components in a time series ?
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- Read measurements a-h on the enlarged 32nds and 64th graduated fractional rule shown in Figure 38-3.A method of smoothing a time series that uses successively, une qual weights for each of the K-values from the immediate past to come up with forecast for a time-period is the moving averagethe weighted moving averagethe trend projectionexponential smoothingAs a general rule, is it advisable to difference a time-series more than 1–2 times? Why or why not?
- For “weekly number of Covid-19 patients for your local area over the past 2 years”, what sort of time pattern(s) would you expect to see? Draw an imaginary time series plot for this variable and explain the patterns you expect by giving your reason.State the model used in time series analysis.How to calculate time series analysis
- Can you show and explain what it means to take first difference of a time seriesA moving average of order 11 has been applied to a time series. The resulting time series appears under-smoothed. Suggest an appropriate course of action to obtain a transformed series which is neither under-smoothed nor over-smoothed.find power series