What is the mathematical equation for an ARIMA(0,1,1) model? The R software gives the following result
Series: goldtime
ARIMA(0,1,1) with drift
Coefficients:
ma1 drift
0.2635 9.6507
s.e. 0.0654 3.8817
sigma^2 = 2260: log likelihood = -1250.51
AIC=2507.01 AICc=2507.12 BIC=2517.42