Why do Noninvertible Estimated Moving Averages Occur?
Abstract
The positive probability that an estimated moving average process is noninvertible is studied for maximum likelihood estimation of a univariate process. Upper and lower bounds for the probability in the first-order case are obtained as well as limits when the sample size tends to infinity. Higher order moving average models and autoregressive moving average models are also treated. Keywords: Moving average models; Maximum likelihood estimation; Noninvertible moving average; and Autoregressive moving average processes.
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 01, 1984
- Accession Number
- ADA150388
Entities
People
- A. Takemura
- Theodore W. Anderson
Organizations
- Stanford University