Q1. Provide and interpret the descriptive statistics
(For calculation part for nom appr/depr, amuse refer to table 1)
EURO
Based on the calculation of the average stand in rate of Euro against Malaysian Ringgit for the level of 2001-2004 (June) we found it to be 3.8936. As far as max/min analysis be concerned, the max apprize or the appreciation of Euro with respect to MYR during this time period was 4.8851MYR/EURO, whereas the worst value or depreciation was 3.1781. The average substance of deputise rate data deviated from the mean (3.8936) was 0.4996(S.D). It indicates on the event that the exchange rate of MYR/EURO has been less volatile over the period of 2001-2004(June).
THAI BAHT
According to our calculations, the average MYR/100BAHT exchange rates over the period 2001 to 2004 were 8.9497. Moreover, the superlative value that Thai baht reached over this period was 9.7862 and the lowest point enter was 8.3015. The level of aberrance of Thai Baht values from the mean over the period was 0.4007; this tells us that the exchange rate of Thai Baht with respect to MYR have been relatively steady.
AUSTRALIAN DOLLAR
The analysis of Australian vaulting horse nominal value shows that its value against Malaysian Ringgit has been quite stable and constant over the period. received deviation of 0.3235 reflects and proves this fact.
In fact if we compare the standard deviation compared to Thai Baht and Euro we will notice that Australian horse value was less volatile and unstable.
The highest value of appreciation of AUD was recorded at the rate of 3.0315 MYR/ AUD, whereas the lowest at the rate of 1.8348.
US DOLLAR
US dollar nominal value against Malaysian ringgit has been unchanged since Malaysian ringgit is pegged to USD at the fixed rate of 3.8 RM/USD. Thus standard deviation is 0, which...
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