Residual Types in Time Series and Their Applications

Abstract

Residual types in time series has not been investigated throughly in literature. This study aims to provide practical applications of residual types. In this study, firstly, basic information about different types of residuals was given and some features of the residuals were investigated with numerical applications. Then a simulation study was conducted to show differences in decisions when different residual types were considered in diagnostic checking.

Keywords

• Time Series Analysis
• Residual Types
• Diagnostic Checking

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