An Introduction to univariate financial time series analysis 1 Introduction: what is a time-series? Time-series is a sequence {x1‚ x2‚ ...‚ xT } or {xt} ‚ t = 1‚ ...‚ T‚ where t is an index denoting the period in time in which x occurs. We shall treat xt as a random variable; hence‚ a time-series is a sequence of random variables ordered in time. Such a sequence is known as a stochastic process. The probability structure of a sequence of random variables is determined by the joint distribution
Premium Autoregressive moving average model Random variable Time series
Spend money or save money? Some people say that it is better to enjoy your money as soon as you earn it‚ while others prefer to save money for their further life. It is really a difficult choice faced by lots of people‚ because of the different attitudes they hold towards money. As far as I am concerned‚ I vote for the former choice‚ which is that it is better for one to enjoy his or her money as soon as it is earned‚ because of these following reasons. First‚ since no one knows what will happen
Premium Capital accumulation English-language films
travel‚ air travel‚ train travel and Vaccination. A lower-priced product that a consumer has tried but dislikes also fells into this category‚ as does the negative attitude toward meat products by vegetarians‚ whether it be for personal or religious values. People are afraid to go to the dentist because of the potential pain they experience. The price one pays for not going to the
Premium Marketing
Karen Griffin Principles of Management Manager Interview Questions: 1. In your opinion‚ what are the most important characteristics required of a manager? A manager needs strong leadership skills‚ money management‚ constant up-to-date knowledge of the economy and people’s needs‚ and compassion and understanding. 2. In your experience‚ what are the most difficult aspects of being a manager? It’s always the most difficult to fire people‚ but it is just as difficult to hire people.
Premium Management Decision making Employment
Accounting Principles‚ Concepts and Conventions Accounting principles are guidelines & standards‚ which have been accepted by the accounting profession in preparation and presentation of accounts of the business. It is approved and normally accepted by the government bodies &controlling authorities. Accounting principles are uniform in order to understand in the same sense by those using it. Also they are not rigid (i.e. inflexible) like principle of gravity but they are flexible.
Premium Generally Accepted Accounting Principles Balance sheet Business
Q‚ Explain how someone can be a manager but not a leader‚ a leader but not a manager‚ and both a manager and a leader? Answer: The discussion between management and leadership has been considerable for a number of years. Differentiation between leadership and management is important. There is difference between manager and leader but both are important. Manger has to manage which means to accomplish and to bring about‚ to conduct and to feel the responsibility. On the other hand‚ Leader leads
Premium Management Leadership
Financial Risk is one of the major concerns of every business across fields and geographies. This is the reason behind Financial Risk Manager FRM Exam gaining huge recognition among financial experts across the globe. FRM is the top most credential offered to risk management professionals worldwide. Financial Risk again is the base concept of FRM exam. Before understanding the techniques to control risk and perform risk management‚ it is very important to realize what risk is and what the types of
Free Operational risk Risk Risk management
The Indian money market is "a market for short-term and Long term funds with maturity ranging from overnight to one year and includes financial instruments that are deemed to be close substitutes of money."[1] It is diversified and has evolved through many stages‚ from the conventional platform of treasury bills and call money to commercial paper‚ certificates of deposit‚ repos‚ FRAs and IRS more recently. The Indian money market consists of diverse sub-markets‚ each dealing in a particular type
Premium Bank Federal Reserve System Central bank
DECLARATION I Musubika Narigisi‚ declare that this Research report is my original work and has never been submitted to any university for examination‚ where other people’s work has been used‚ due acknowledgement has been made. Candidate signature............................................. Date................................................. Musubika Narigisi i APPROVAL This Research report complied by Musubika Narigisi has been under my supervision and guidance her work is now ready for submission
Free Outsourcing Management
ASIAN CASE RESEARCH JOURNAL‚ VOL. 9‚ ISSUE 2‚ 283–297 (2005) ACRJ Autobiography of a Manager This case was prepared by Doctoral scholar C. Vijayalakshmi‚ Prof. Satish K. Kalra and Prof. Rajen K. Gupta as a basis for classroom discussion rather than to illustrate effective or ineffective handling of an administration or business situation. Please address all correspondence to: Dr Vijayalakshmi C.‚ Doctoral scholar (OB)‚ Management Development Institute‚ Mehrauli Road‚ Sukhrali‚ Gurgaon – 122001
Premium Indian Institutes of Management Family