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of the residuals from the
ARIMA(0,1,1) model.
6 Perform a Ljung-Box test of
randomness for the residuals from
the ARIMA(0,1,1) model.
5 The autocorrelation plot of the residuals indicates that the residuals are random.
6 The Ljung-Box test indicates that the residuals are not random at the 95% level, but are random at the 99% level.
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