tag:blogger.com,1999:blog-6297413898275266606.post5488254071757690043..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: What The KLCI Says About Economic Policyhishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6297413898275266606.post-13708110397888376352009-11-04T10:11:59.039+08:002009-11-04T10:11:59.039+08:00Thanks for the catch, I've amended the post to...Thanks for the catch, I've amended the post to reflect that. My bad for doing the post in a hurry and not double-checking.<br /><br />The JB stat shows non-normal because the distribution is "higher" than a normal distribution. If that outlier was important, than you'd get greater skewness - it's the kurtosis that seems to be the culprit here.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-72692115499567924822009-11-03T22:03:35.110+08:002009-11-03T22:03:35.110+08:00anyway, yea, ppl tend to read too much from the st...anyway, yea, ppl tend to read too much from the stock market.Hafiz Noor Shamshttp://maddruid.comnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-46208092449611470762009-11-03T22:00:22.065+08:002009-11-03T22:00:22.065+08:00wouldn't it mean that we should reject that th...wouldn't it mean that we should reject that the variable is normally distributed since the p-value of JB-stat is 0 (assuming the critical value is 1%)?<br /><br />I think that -0.10 data point is causing you problem.Hafiz Noor Shamshttp://maddruid.comnoreply@blogger.com