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E20-007 · Question #164

E20-007 Question #164: Real Exam Question with Answer & Explanation

The correct answer is C. There appears to be no structure left to model in the data. See the full explanation below for the reasoning.

Question

Refer to the exhibit. In the exhibit, a correlogram is provided based on an autocorrelation analysis of a sample dataset. What can you conclude based only on this exhibit?

Exhibit

E20-007 question #164 exhibit

Options

  • ALag 1 has a significant autocorrelation
  • BThere appears to be a seasonal component in the data
  • CThere appears to be no structure left to model in the data
  • DThere appears to be a cyclical component in the data

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