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Explain the acf plot

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Reference no: EM133078588

For each of the below ACF plots which are obtained for a time-series data of 4 different variables of interest:

a) Explain the ACF plot.

b) Describe what the raw data is likely to look like over time.

c) What kind of variable is this plot likely to characterize (e.g., stock prices, exchange rates, temperature, etc.)?

Reference no: EM133078588

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