The skew of a random variable X is defined as Given data x 1 , x 2
Question:
The skew of a random variable X is defined as
Given data x1, x2,...,xn an estimator for skew is
where x̄ and s̅ are empirical mean and standard deviation. Being a symmetric distribution the normal has 0 skew. Calculate the empirical skew of the log returns (log Si+1/Si), for 3 stock equities of your choice using daily prices over the last 2 years.
Transcribed Image Text:
skew = E((x-μx)³)/std. (6.40)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (2 reviews)
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Ortiz SA purchased a piece of equipment that cost R$202,000 on January 1, 2022. The equipment has the following components. Compute the depreciation expense for this equipment at December 31, 2022....
-
The kurtosis of a random variable X is defined as Given data x 1 , x 2 ,...,x n an estimator for kurtosis is where x and s are empirical mean and standard deviation. The kurtosis of the normal...
-
Kroger, Sprouts Farmers Market, Inc., and Whole Foods Markets, Inc. are three grocery chains in the United States. Inventory management is an important aspect of the grocery retail business. Recent...
-
Please research a small business Chagrin Falls Popcorn Shop ( https://www.chagrinfallspopcorn.com/ ) social media, and mobile marketing they have been using, etc). In the final exam, you will put...
-
On June 30, 2010, Roy Corp. paid $200,000 for equipment that is expected to have an eight-year life. In this industry, the residual value is approximately 10% of the asset s cost. Roy s cash revenues...
-
A well-insulated heat exchanger is to heat water (cp = 4.18 kJ/kgC) from 25 to 60C at a rate of 0.50 kg/s. The heating is to be accomplished by geothermal water (cp = 4.31 kJ/kgC) available at 140C...
-
Consider the plot of power as a function of effect size for the two-sample t-test shown in Figure 4.3. a. Create a plot to show power as a function of both effect size and sample size while keeping...
-
This case is based on the Q.M. in Action, Pricing for Environmental Compliance in the Auto Industry. In this case we build a model similar to the one built for General Motors. The CAFE requirement on...
-
Soccer Co . Soccer Co . has a group of companies operating within NSW . Payrolls for the month of August for each company are as follows: Soccer Importer $ 1 7 5 , 0 0 0 Soccer Holdings $ 1 1 8 , 0 0...
-
The Gamma distribution, G(, ) has density given by Here () is the gamma function of Section 6.8 and equals (1)! if is a positive integer. Show that the Gamma is infinitely divisible (empirically) by...
-
Show that if X P o ( 1 ) and Y P o ( 2 ), then X + Y P o ( 1 + 2 ). Pr(X + Y z) = Pr(X z-yY= y)Pr(Y = y) y=0 11 y=0 d e-site-re -1 (z - y)! y!
-
Joann and Bob, both single taxpayers in their mid-40s, own an employment business. The firm finds temporary employment for students in the college town of Gainesville, Florida. They have operated the...
-
How are weekends and holidays handled when volatility is estimated and used?
-
In the Black-Scholes-Merton model, what happens to the standard deviation of the continuously compounded rate of return as the length of the time period over which it is measured increases?
-
Explain the two main ways that derivatives trade?
-
What are the properties of a Wiener process?
-
Explain the role of the Hurst exponent in fractional Brownian motion.
-
Use the data provided in Exercise 8-2. Required: A. Prepare the workpaper eliminating entries needed for a consolidated statements work-paper on December 31, 2011. B. Determine the amount of...
-
You are a U.S. investor who purchased British securities for 2,000 one year ago when the British pound cost U.S. $1.50. What is your total return (based on U.S. dollars) if the value of the...
-
A position-time graph for a particle moving along the x axis is shown in Figure P2.7. (a) Find the average velocity in the time interval t = 1.50 s to t = 4.00 s (b) Determine the instantaneous...
-
(a) Use the data in Problem 1 to construct a smooth graph of position versus time. (b) By constructing tangents to the x (t) curve, find the instantaneous velocity of the car at several instants. (c)...
-
Find the instantaneous velocity of the particle described in Figure P2.3 at the following times: (a) t = 1.0 s, (b) t = 3.0 s (c) t = 4.5 s, and (d) t = 7.5 s
-
You have saved $500 to buy an electric scooter that costs $1800. You plan to borrow the rest of the purchase price from the bank. The bank is offering a 3 year loan at 4% APR with monthly payments....
-
Exactly three years ago, Alvin purchased a 5-year, $4000 semi-annual bond with a 6,5% coupon. Today, he would like to sell the bond. However, new 2-year bonds with a comparable level of risk now...
-
A company in the energy industry is affected by a new technology that should open up new sources of revenue. But this new technology will also make the energy company riskier in the future. What is...
Study smarter with the SolutionInn App