what is Autoregressive Process AR and Moving Average Process

what is Autoregressive Process (AR) and Moving Average Process (MA)

Solution

The autoregressive model refers to weighted sum of the past actual data. The AR model can be express as a regression model using past values of a variable to find future vales.

The moving average is considers as a weighted sum of past forecast errors. The MA model can be expressed as a regression model by using past errors to find out future values.