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 |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
