The Autocorrelation Function (ACF) and Partial Autocorrelation Function (PACF) are the diagnostic tools for identifying AR and MA model orders. AR(p): ACF decays exponentially, PACF cuts off after lag p. MA(q): ACF cuts off after lag q, PACF decays. Significance bands (±1.96/√T) show which lags are statistically significant.
Simulate AR, MA, ARMA processes with adjustable parameters
See ACF and PACF bar charts with significance bands
Identify model order: PACF cutoff → AR order, ACF cutoff → MA order
Adjust φ (AR) and θ (MA) coefficients to see signature patterns
Foundation for Box-Jenkins methodology and ARIMA model identification
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