1. Modules 1, 3, 4 and 5 to do the following: After descriptive analysis, propose a set of possible ARIMA(p, d, q) models using all suitable model specification tools covered in Modules 3, 4 and 5....


1. Modules 1, 3, 4 and 5 to do the following:



  • After descriptive analysis, propose a set of possible ARIMA(p, d, q) models using all suitable model specification tools covered in Modules 3, 4 and 5. ARMA models are explained in Module 3, ARIMA models are explained in Module 4 and model selection tools are given in Module 5. In this task, you are expected to demonstrate the use of each model specification tool such as ACF-PACF, EACF, BIC table clearly and write clear and correct comments to back up your choices of (p, d, q) orders.

2.

  • Present time series in an informative way, both graphically and with summary statistics;

  • CLO3. Estimate model parameters and compare different models developed for the same dataset in terms of their estimation and prediction accuracy;

  • CLO4. Prepare both oral and written reports to present results of time-series analyses.



Apr 20, 2022
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