AR1 type likelihood function

AR1 type likelihood function

likelihoodAR1(predicted, observed, sd, a)

Arguments

predicted	vector of predicted values
observed	vector of observed values
sd	standard deviation of the iid normal likelihood
a	temporal correlation in the AR1 model

Note

The AR1 model considers the process: y(t) = a y(t-1) + E e = i.i.d. N(0,sd) |a| < 1 At the moment, no NAs are allowed in the time series.