What are the key differences between parametric and
non-parametric tests? Provide one example of a parametric test and
one example of a non-parametric test.
What’s the difference between a fable/parable/tale and a short
story?What’s the difference between a protagonist and an
antagonist? please use 200 words if you can
Question:
a)Distinguish between the following:
i) Non- Parametric Methods
ii) Semi-Parametric Methods
iii) Parametric Methods
b) Discuss the following statistical properties of asset
returns:
i) Heavy tails
ii) Ergodicity
iii)Autocorrelation -absence of linear autocorrelation
C)Explain the following Diagnostic tests of the error term
i) White Test of heteroscedasticity
ii)Normality Test