The Autocovariance Function Determined Via the Z-Transform, with Application to Box Jenkins Forecasting Models.
Abstract
A Method is presented which yields the autocovariance function of a stationary discrete-time stochastic process in closed form. Special reference is made to the Box Jenkins forecasting methodology in which the underlying process is generated by passing white noise through a linear filter. The impulse response of the filter and its Z-transform, the transfer function, are obtained from the equation which defines the filter. The bilateral Z-transform of the autocovariance function is then derived from the transfer function, and is inverted following a partially fraction expansion. Several examples of this procedure are worked out in detail, and a summary of solutions for a number of cases is given. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- May 01, 1978
- Accession Number
- ADA056214
Entities
People
- Eginhard J. Muth
Organizations
- University of Florida