Write the steps to estimate the ECM/VAR model in time series.
(A) Unit root test
(B) ACF and PACF test
(C) ECM/VAR
(D) Inputting data
(E) Cointegration test
Choose the correct answer from the options given below:
1
(D), (A), (E), (B), (C)
2
(D), (B), (A), (C), (E)
3
(D), (B), (A), (E), (C)
4
(B),(A),(D),(E),(C)