Mathematical Modeling of the Price Volatility of Maize and Sorghum between 1960 and 2022
Table 1.
Descriptive Statistics of Maize and Sorghum Returns
|
| Statistics |
Maize |
Sorghum |
|
|
| Mean |
0.003134 |
0.003783 |
|
| Median |
0.000000 |
0.000000 |
|
| Maximum |
0.346507 |
0.407689 |
|
| Minimum |
-0.217172 |
-0.242511 |
|
| Std. Dev. |
0.054711 |
0.057195 |
|
| Skewness |
0.383605 |
0.644740 |
|
| Kurtosis |
6.732107 |
8.499555 |
|
| Jarque-Bera |
439.7511 |
966.5425 |
|
| Probability |
0.000000 |
0.000000 |
|
| Sum |
2.278055 |
2.750142 |
|
| Sum Sq. Dev. |
2.173113 |
2.374917 |
|
| Observations |
727 |
727 |
|
|
|
