True of False (Briefly justify all your answers.) a. Returns are ergodic when the distribution of returns does not change with time. b. Combining forecasts
True of False (Briefly justify all your answers.)
a. Returns are ergodic when the distribution of returns does not change with time.
b. Combining forecasts increases the variance of the forecast error.
c. A Random Walk model without a drift has a constant mean.
d. The ARCH model is used to model time-varying kurtosis.
e. Realized Variance is used as a proxy for the variance of returns.
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Authors: Dave Ramsey
3rd Edition
1936948524, 978-1936948529
