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