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Observations •  Every alternate sample is large, many of them staHsHcally significant also •  ACFs at lags 4, 8, 12, etc are posiHve •  ACF at lags 2,6,10 etc are negaHve •  All these pick up the seasonal aspect of the data •  The data may be re-examined afer ‘removing’ seasonality © 2013 ExcelR Solutions. All Rights Reserved