Transformations

13:30-14:15

Date

July 11, 2023

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Lab sessions

Lab Session 6

Consider the GDP information in global_economy. Plot the GDP per capita for each country over time. Which country has the highest GDP per capita? How has this changed over time?

Lab Session 7

  1. For the following series, find an appropriate Box-Cox transformation in order to stabilise the variance.

    • United States GDP from global_economy
    • Slaughter of Victorian “Bulls, bullocks and steers” in aus_livestock
    • Victorian Electricity Demand from vic_elec.
    • Gas production from aus_production

  2. Why is a Box-Cox transformation unhelpful for the canadian_gas data?