Model

Parameter values

Strength of evidence

${\varnothing }_1$

${\varnothing }_2$

${\theta }_1$

${\sigma }_w^2$

t-value

p-value

AR (2)

−0.68

−0.53

NA

0.0119

−4.85

0.00

MA (1)

NA

NA

−0.92

0.0106

−9.86

0.00

ARMA (2,1)

−0.24

−0.33

−0.77

0.0097

−2.35

0.02