Biometrika has fro the last 100 years published over 400 years concerning the subject of Time Series. Time series is a significant feature in Biometrika under the editorship of Professor E.S. Pearson. These papers grew enormously at a rate of 10% up to the present time. The first Time series paper was written by Gosset “student” and Anderson (1914). Correlation was a new and a crucial concept in Time series. Consider two time series, (Xt) and (Yt) as expressed below Xt = mt +et and Yt = Mt + Et Where et and Et are sequences of uncorrelated random variables, mt and Mt ...
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