Exam SRM Practice Question 4
Study guide: Exam SRM
The numbers of claims reported to an insurer in six consecutive quarters (in hundreds) are:
y_1, \ldots, y_6 = 4, \; 6, \; 5, \; 9, \; 8, \; 10
Calculate the lag 1 sample autocorrelation, r_1.
- A) 0.214
- B) 0.257
- C) 0.316
- D) 0.453
- E) 0.780
Answer this question and see the worked solution