GOODNESS-OF-FIT
Used in statistics and statistical model describing an anticipated frequency and an actual frequency. Frequently used in business decision making, it determines the discrepancy between observed values and expected values under the model. To compute a chi-square goodness-of-fit, it is important to first indicate the invalid hypothesis and the alternative hypothesis, select the significance level, and identify the critical value.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Apr | |
| 08:00 | Wholesale Price Index | May | |
| 08:30 | Producer & Import Prices | May | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
| 11:00 | Current Account (sa) | Apr | |
| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |
