Mathematical Modeling of the Price Volatility of Maize and Sorghum between 1960 and 2022
Table 6.
Diagnostic Test for the Two Best Fitted GARCH Family Models
|
| Heteroskedasticity Test: ARCH |
|
|
|
|
| |
IGARCH(1,1) – MAIZE |
|
|
| F-statistic |
0.748158 |
Prob. F(1,749) |
0.3873 |
|
| Obs*R-squared |
0.749407 |
Prob. Chi-Square(1) |
0.3867 |
|
| |
IGARCH (1,1) - SORGHUM |
|
|
| F-statistic |
3.203876 |
Prob. F(1,724) |
0.0739 |
|
| Obs*R-squared |
3.198572 |
Prob. Chi-Square(1) |
0.0737 |
|
|
|
