Autocorrelation refers to the degree of correlation between the values of the same variables across different observations in the data. Discuss atleast one (1) problem with autocorrelation and provide one (1) time series example of your own.
Question Description
Autocorrelation refers to the degree of correlation between the values of the same variables across different observations in the data. Discuss atleast one (1) problem with autocorrelation and provide one (1) time series example of your own that illustrates autocorrelation.
please explain the above in 400 words.
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