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Daily foreign exchange rates (spot rates) can be obtained from the federal Reserve bank in chicago. The data are the noon buying rates in new

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Daily foreign exchange rates (spot rates) can be obtained from the federal Reserve bank in chicago. The data are the noon buying rates in new York city by the Federal Reserve Bank of the new York consider the exchange rate between U.S dollar and the British pound and Japanese yen from January 2, 2007 to November 30, 2011. You can download the data at the textbook website or you can use the package in R Compute the daily log return of each exchange rate Compute the sample mean, standard derivation, skewers, minimum, and maximum of the log return of each exchange rate. Obtain a density plot of the daily log return of Dollar-Yen exchange rate. Test H_o: p = 0 versus H_a; mu notequalto 0 where op denotes the mean of the daily log return of Dollar-Yen exchange rate. Use the 5% significance level to draw the conclusion. Daily foreign exchange rates (spot rates) can be obtained from the federal Reserve bank in chicago. The data are the noon buying rates in new York city by the Federal Reserve Bank of the new York consider the exchange rate between U.S dollar and the British pound and Japanese yen from January 2, 2007 to November 30, 2011. You can download the data at the textbook website or you can use the package in R Compute the daily log return of each exchange rate Compute the sample mean, standard derivation, skewers, minimum, and maximum of the log return of each exchange rate. Obtain a density plot of the daily log return of Dollar-Yen exchange rate. Test H_o: p = 0 versus H_a; mu notequalto 0 where op denotes the mean of the daily log return of Dollar-Yen exchange rate. Use the 5% significance level to draw the conclusion

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