Part 1: How to generate Random data with Excel
Generate Normal Distribution Ramdom Values
The following pictures show how to generate 1000 normal distribution data.
Step 1
Step 2
Step 3
Please to evaluation the distribution of the data
The following pictures show how to generate 1000 normal distribution data.
Step 1
Step 2
Step 3
Please to evaluation the distribution of the data
We have know what is the AR, ARMA model. There are relationships between ARCH
and AR
, GARCH
and ARMA
. If we know the relationshps among them, it will be very helpful for understanding what we do in this practice.
The ARCH
model is appropriate when the error variance in a time series follows an autoregressive (AR) model; if an autoregressive moving average (ARMA) model is assumed for the error variance, the model is a generalized autoregressive conditional heteroskedasticity (GARCH
) model.
The instructions
instructions
PoorakaMonthlyFit.xls
. It contains a sheet that shows the fitting procedure using Likelihood to fit a Gamma Distribution to data for the 87 years for June for Pooraka. Try matching moments to see what you get for the parameters as well.Setting Parameters
More Details of the Parameters
Please refer here for more information of each parameters