Describe the effect of the logarithms on behavior of series

Assignment Help Basic Statistics
Reference no: EM132851121

Please provide the R codes1 The data file Winnebago contains monthly unit sales of recreational vehicles (RVs) from Winnebago, Inc., from November 1966 through February 1972.

(a) Display and interpret the time series plot for these data.

(b) Now take natural logarithms of the monthly sales figures and display the time series plot of the transformed values. Describe the effect of the logarithms on the behavior of the series.

(c) Calculate the fractional relative changes, (Yt - Yt - 1)/Yt - 1, and compare them with the differences of (natural) logarithms,∇log(Yt) = log(Yt) - log(Yt - 1).

How do they compare for smaller values and for larger values?

(d) Based on (i) time plot, (ii) ACF plot, (iii) the ADF test, and (iv) PP test, determine if the series in (a), (b), and (c) are stationary. [Note: You can conduct an ADF test and a PP test can be conducted using "adf.test" and "pp.test" functions in "tseries" package in R.

Reference no: EM132851121

Questions Cloud

Determine qualitative or quantitative variables : Determine whether qualitative or quantitative variables were used; if it were quantitative variables, determine whether continuous or discrete variables were us
Determine the expected value of grade : Bill has a 20% chance of earning a final grade of A, 25% chance of earning a B, 30% chance of earning a C, 20% chance of earning a D, and 5% chance of earning a
Association between annual household income : For statistics we have to do chi-square tests to determine the following: Is there is an association between annual household income
Standard deviations above the mean in price : How much does this shirt cost? (p) Is a $28 shirt a possible outlier, a probably outlier, or neither? Compute the fences to Önd out.
Describe the effect of the logarithms on behavior of series : Please provide the R codes1 The data file Winnebago contains monthly unit sales of recreational vehicles (RVs) from Winnebago, Inc., from November 1966 through
How much is the balance of accounts receivable for December : How much is the balance of accounts receivable for December 31, 2020 statement of financial position
Forecast of next year sales to upper management : Mariah Jacobsen is the marketing manager at ABC Electronics, a major consumer electronics supplier in the northwest. Over the last five years
Relationship between the operating room environment : Over a century ago, the British surgeon Joseph Lister investigated the relationship between the operating room environment (presence or absence of disinfectant)
What is the probability that in a random sample : If this is true, what is the probability that in a random sample of 150 dwellings, less than 70% will be owner-occupied?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find the value of z that has the probability

i. If Z is a standard normal random variable, find the value of z that has the following probability: P(Z = z) = 0.8289

  Patient survives the surgery and the heart damage

Find the probability that the patient survives the surgery and the heart damage heals I need step by step please

  Which of the following statement are false about the

which of the following statement are false about the chi-suared distribution with v specific valuedegrees of freedom?a

  Women and four of the candidates are men

A firm interviews 8 candidates for 4 jobs. Four of the candidates are women and four of the candidates are men.

  Confidence interval for average number of year of experience

A random sample of 28 executives gives x‾= 6.7 years and s = 2.4 years.- Give a 99% confidence interval for the average number of years of experience for all executives in this branch.

  Basic measures of variability

Please describe the purpose for each of the three basic measures of variability and provide at least two examples for each.

  When circuit boards used in the manufacture of compact disc

when circuit boards used in the manufacture of compact disc players are tested the long-run percentage of defectives is

  What does it mean when 2 events are disjoint

What does it mean when 2 events are disjoint, example? What does it mean when 2 events are complements, example?

  At 20 can you support the marine biologists claimgt

a marine biologist claims that the mean length of mature female pink seaperch is different in fall and winter. a sample

  Probability adults are chosen are in excellent health

Among 12 adults randomly selected from this area, only 3 reported that their health was excellent. Find the probability that when 12 adults are randomly selected, 3 or fewer are in excellent health.

  Develop the management-research question hierarchy

He asks you to develop a proposal for the study and submit it to him. Develop the management-research question hierarchy that will help you to develop a specific proposal.

  What is the mean rating given a program that evening

What is the mean rating given a program that evening?- How many standard deviations above or below the mean is the rating for each one of the programs?

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