NO.PZ201709270100000404
问题如下：
4. Martinez’s Conclusion 1 is:
选项： correct.
incorrect because the mean and variance of WTI oil prices are not constant over time.
C.incorrect because the Durbin–Watson statistic of the AR(2) model is greater than 1.75.
解释：
B is correct. There are three requirements for a time series to be covariance stationary. First, the expected value of the time series must be constant and finite in all periods. Second, the variance of the time series must be constant and finite in all periods. Third, the covariance of the time series with itself for a fixed number of periods in the past or future must be constant and finite in all periods. Martinez concludes that the mean and variance of the time series of WTI oil prices are not constant over time. Therefore, the time series is not covariance stationary.
这题开头确实是说了mean and covariance is not constant， 然后他开始做model来验证。
然后一堆验证后得出一个新的结论 “mean and covariance is constant ” 但是答案居然说因为他开头说了“mean and covariance is not constant” 所以得选b。
所以请问这道题有更严密的逻辑吗？
