Question 13.7

13.7 Runs test output.

Here is the runs test output for a time series labeled X:

Runs test for X

Runs above and below

The observed number of

The expected number of
46 observations above K, 42 below -value = ???

  1. How many observations are in the data series?
  2. Determine the missing -value.

13.7

(a) . (b) .