You would use a second difference if the first differenced series is still not stationary. The goal is to choose the lowest differencing order that makes the series stationary.
Conditions: The original series is non-stationary.; First differencing () does not result in a stationary series.; The modeler can inspect the stationarity of the differenced plots.
You would use a second difference if the first differenced series is still not stationary. The goal is to choose the lowest differencing order that makes the series stationary.
Conditions: The original series is non-stationary.; First differencing () does not result in a stationary series.; The modeler can inspect the stationarity of the differenced plots.