Statistics HELP

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tajmahal
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#1
Report Thread starter 8 years ago
#1
Hi guys,

I need a huge favour. I am currently wanting to test a relationship between two variables:
Interest rate differential (indepedent variable)
Exchange rate change (dependent variable)

I have already done a regression analysis but need to show that this wasn't a "chance" event. What T test or other test would be relevant in this case? I've so far considered 1 way ANOVA...got no idea if this is right tho.. :confused:

Also how can I show volatility? Just standard deviation? :confused:
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Smaug123
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#2
Report 8 years ago
#2
(Original post by tajmahal)
Hi guys,

I need a huge favour. I am currently wanting to test a relationship between two variables:
Interest rate differential (indepedent variable)
Exchange rate change (dependent variable)

I have already done a regression analysis but need to show that this wasn't a "chance" event. What T test or other test would be relevant in this case? I've so far considered 1 way ANOVA...got no idea if this is right tho.. :confused:
I don't know the answer - I'm thoroughly not a statistician - but you "need to show that this wasn't a chance event". If you know what you're going to end up showing, why bother showing it? You'll just pick a test that gives you the right answer, and so it's meaningless. The point of stats is to discover *whether* it was a chance event or not.
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tajmahal
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#3
Report Thread starter 8 years ago
#3
(Original post by Smaug123)
I don't know the answer - I'm thoroughly not a statistician - but you "need to show that this wasn't a chance event". If you know what you're going to end up showing, why bother showing it? You'll just pick a test that gives you the right answer, and so it's meaningless. The point of stats is to discover *whether* it was a chance event or not.
the results are favourable but I might have to reject them if they are a chance event...
im hoping they aren't but if they happen to be then I will have to give it a mention
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