“…However, in ®elds such as hydrology, meteorology, climatology and economics, there are examples of seasonal time series with apparent periodicities in the autocorrelation function at various lags k. (See, for example, Jones and Brelford, 1967;Moss and Bryson, 1974;Cleveland and Tiao, 1979;Salas et al 1982;Vecchia, 1985;Osborn, 1988.) Tiao and Grupe (1980) and Osborn (1991) discussed the consequences of ®tting a stationary autoregressive moving-average (ARMA) model to a time series which has period autocorrelation.…”