I'm running analysis on a certain dataset, and while looking over the data, I noticed that the PACF have no values (besides the first of course) that are significant, while the auto correlation function's (ACF's) values are all mostly significant. So, I decided on creating an MA model (since the ACF's values are the ones that are significant), but I'm not sure how to do this in R, and how to decide the size of the window.
Would this below suffice?
arima(time-series_object, order = c(0,0,1))
Again, given an ACF graph, how should we decide the what MA we should use (e.g. (0,0,1), (0,1,1), etc.)?