5. Data set wmurders contains the number of women murdered each year (per 100,000 standard population) in the United Sta
Posted: Thu May 05, 2022 8:08 pm
5. Data set wmurders contains the number of women murdered each year (per 100,000 standard population) in the United States. Consider the change in change of the series defined by y <- diff(diff(wmurders)) a. [3 marks] To fit an ARMA(p,q) model for the data, should you include a constant in the model? Explain. b. [4 marks] By studying appropriate graphs of the series in R and selecting models based on the corrected AIC, obtain an appropriate ARMA(p,q) model for the data. c. [3 marks] Examine the residuals of your selected model in part b. Is the model satisfactory? d. [4 marks] Write your fitted model. e. [4 marks] Create a plot of the series with forecasts and prediction intervals for the next ten periods.