Please calculate the kurtosis for the rates of return for JNJ and S&P 500 during the period
Question:
Please calculate the kurtosis for the rates of return for JNJ and S&P 500 during the period 1989–2009.
Refer to Table 2.4, in which data on rates of return for JNJ, Merck, and S&P 500 during the period 1989–2009 are given.
Table 2.4
Transcribed Image Text:
Year 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 JNJ -0.2896 0.2301 0.6168 -0.5513 -0.0916 0.2449 0.5846 -0.4098 0.3408 0.2877 0.1242 0.1397 -0.4312 -0.0780 -0.0212 0.2486 -0.0325 0.1225 0.0346 -0.0764 0.1085 MRK 0.3715 0.1854 0.8786 -0.7338 -0.1830 0.1424 0.7539 0.2353 0.3525 0.4097 -0.5371 0.4119 -0.3575 -0.0133 -0.1583 -0.2720 0.0369 0.4183 0.3674 -0.4508 0.2541 S&P500 0.2146 0.0364 0.1243 0.1052 0.0858 0.0200 0.1766 0.2377 0.3027 0.2428 0.2228 0.0753 -0.1633 -0.1677 -0.0289 0.1714 0.0677 0.0855 0.1272 -0.1741 -0.2229
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To calculate the kurtosis for the rates of return of JNJ and SP 500 during the period 19892009 we can use the formula for kurtosis Kurtosis Sum of Rat...View the full answer
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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