Refer to the previous exercise for a description of the data. a. The skewness and (excess) kurtosis
Question:
Refer to the previous exercise for a description of the data.
a. The skewness and (excess) kurtosis coefficients for the Latin America fund are 0.3215 and −0.7026, respectively. Interpret these values.
b. The skewness and (excess) kurtosis coefficients for the Canada fund are −0.2531 and 0.0118, respectively. Interpret these values.
Data from Exercises 47
The accompanying table shows a portion of the annual returns (in %) for a mutual fund focusing on investments in Latin America and a mutual fund focusing on investments in Canada from 1994 through 2018.
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a The Latin America fund is positivel...View the full answer
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