The goal of this project is to create an ARCH Model of the goldprice. I will provide you with the underlying data record. I would prefer the use of the statistik programm "r", but you can use other programs too.
Moreover I need the underlying data record to be analyzed by the following statistical tests, before the ARCH model can be developed:
2. Heteroscedasticity → use Breusch-Pagan Test
3. Stationarity → Augmented Dickey Fuller Test + Unit Root
4. Correlation → Box-Pierce-Test, Durbin-Watson Test and graphical representation of the Durbin-Watson Test
5. Normality Test → Shapiro-Wilk Test and Albert-Darling Test and also a QQ-Plot or PP-Plot for the graphical representation
Attached you find a similar project for the MDAX which is a german stock market index. In that project the same statistical tests have been used and an ARCH model was developed.
Please fill the results of the statistical tests and of the ARCH model in sheets like how it is done in the sample project. The structure, methods and graphical representations for the ARCH model of the goldprice should exactly be the same as of the sample project.
I need to start this asap. In case of any further information or demands you can always contact me. Please only experienced and serious freelancers.