Goodness of Fit and Independence Tests for Major 8 Companies of Korean Stock Market Min, Seungsik;
In this paper, we investigated the major 8 companies of Korean stock market, and carried out the goodness of fit and independence tests. We found out the distributions of absolute returns are closed to compressed exponential distribution. The parameters are dominant that 1 < < 2, followed by (exponential distribution) and (normal distribution). Meanwhile, we assured that most of the absolute returns for major 8 companies have relevance to each other by chi-square independence test.
distribution;absolute return;goodness of fit test;independence test;compressed exponential distribution;
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