In case of Ljung-Box test the null hypothesis that there is no correlation b/w variable and its lagged version. With higher p-value in figure 5, 6 the blue bars cannot reject null hypothesis indicating that there is no autocorrelation and vice versa for red bars.
kujbika
commented
4 years ago
In case of Ljung-Box test the null hypothesis that there is no correlation b/w variable and its lagged version. With higher p-value in figure 5, 6 the blue bars cannot reject null hypothesis indicating that there is no autocorrelation and vice versa for red bars.