A. Arma models can be used only when the time-series data is
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Autoregressive–moving-average model. ... In the statistical analysis of time series, autoregressive–moving-average (ARMA) models provide a parsimonious description of a (weakly) stationary stochastic process in terms of two polynomials, one for the autoregression (AR) and the second for the moving average (MA).
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