comparing ARIMA model to data
hi, i am trying to teach myself about ARIMA models. i have followed examples from a number of sources and have more or less got the hang of how it works. i would like to compare the output from the fitted model to the original data. is this possible? or even a meaningful thing to do? to be clear, for example, having generated a fit to some data using
fit <- arima(LakeHuron, order = c(1, 0, 1))
and then plotting the data with
plot(LakeHuron)
is it possible to overlay the output of the model on the original data to compare how well it captures the variations in the data? i know that predict can be used to extrapolate beyond the end of the data series, but i want to evaluate the model within (not beyond) the original data. best regards, andrew.
Andrew B. Collier Physicist Waves and Space Plasmas Group Hermanus Magnetic Observatory Honorary Senior Lecturer tel: +27 31 2601157 Space Physics Research Institute fax: +27 31 2607795 University of KwaZulu-Natal, Durban, South Africa gsm: +27 83 3813655