Chow Breakpoint Test - Interpretation
Posted: Mon May 10, 2010 7:04 am
Hi!
I am still a beginner in Eviews and I just computed a Chow breaktpoint test with time series on spot daily data (I used the following equation ls logbn ar(1) )..the test showed me the following results
F-statistic 5.975280 Probability 0.014760
Log likelihood ratio 5.966761 Probability 0.014578
but I am not quite sure what this tells me - do I have a breakpoint at this time or not? I am sorry, this must seem as a very stupid question, but I simply did not understand it up so far.
Thanks in advance!
I am still a beginner in Eviews and I just computed a Chow breaktpoint test with time series on spot daily data (I used the following equation ls logbn ar(1) )..the test showed me the following results
F-statistic 5.975280 Probability 0.014760
Log likelihood ratio 5.966761 Probability 0.014578
but I am not quite sure what this tells me - do I have a breakpoint at this time or not? I am sorry, this must seem as a very stupid question, but I simply did not understand it up so far.
Thanks in advance!