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Lynx Data Set - Assignment Example

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This work “Lynx Data Set” seeks to unravel the nature of the lynx data set as encrypted in the R package for statistical analysis. For effective utilization of its features, relevant packages are essential for analyzing and depicting various features of data…
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Lynx Data Set
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Download file to see previous pages The fair seasonality corresponds to an additive model, that is when the variation below and above the assumed baseline is almost equal always.
 Above is the plot of the PACF of lynx data set. From this PACF, we notice that a sharp cut off lends at the point 2, therefore we consider the lynx dataset to have the qualities of an autoregressive model of order 2, AR (2).
 From the ACF and PACF, we conclude that the best model for this data would be ARMA (2,0). It is impossible to reduce the AR value, the observed cut off point, but since there is no indication of an MA cut off, we assign MA the value 0. The best model keeps the least possible number of values.
 Khashei, M. & Bijari, M., (2010). Expert Systems with Applications. An artificial neural network (p, d,q) model for time series forecasting. Web. Accessed 25th January 2013. ...Download file to see next pagesRead More
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