Production and Operations Analysis, Seventh Edition
Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 2.10, Problem 45P
Summary Introduction

To explain: The level of difference that would be required to make the series stationary.

Introduction: A statistical time series is one whose statistical characteristics are constant all the time, such as mean, variance, and autocorrelation. Most techniques of forecasting are based on the assumption that the time series can be made roughly stationary.

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