“…As a result of this effect, there is no obvious reason t o expect the statistics of ~( f ) to resemble those of d Z ( f ) . It should also be noted that, unlike y(f), the basic periodogram: P,(f) = I y(f) 12, is not a sufficient statistic for the data, which implies that the phase information abandoned in periodogram-based estimates is essential [237], [267] 1) The insufficiency of the periodogram is clearly inherited by any estimate based on or equivalent t o the periodogram. This obviously includes both smoothed periodograms (and it is irrelevant if the smoothing is done directly on the periodogram, on the log periodogram, or by fitting a spline or rational polynomial t o it), and, because the transform of the periodogram is the sample autocovariance function, autoregressions, moving-average representations, and other decompositions based on sample autocovariances.…”