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Choose most appropriate model from Minitab output of AR(1) model and AR(2) stationary series
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Question in Content created by Newcastle University by Newcastle University Mathematics and Statistics

Minitab was used to fit both an AR(1) model and an AR(2) to a stationary series. A table is given summarising the results obtained from Minitab. Choose the most appropriate model and make a forecast based on that model.
Interpret Minitab output of AR(1) model
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Question in Content created by Newcastle University by Newcastle University Mathematics and Statistics

Minitab was used to fit an AR(1) model to a stationary time series. Given the output answer the following questions about the model and use the model to make forecasts.