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Table 8 Mean forecast of returns for 2014/2015

From: Modeling variations in the cedi/dollar exchange rate in Ghana: an autoregressive conditional heteroscedastic (ARCH) models

Mean forecast

Mean error

Stand. dev.

95% confidence interval

Lower limit

Lower limit

−0.00036229

0.00545061

0.00545061

−0.01032071

0.01104529

−0.00030768

0.0066149

0.00646497

−0.0126573

0.01327265

−0.0002613

0.00753796

0.00725586

−0.01451283

0.01503543

−0.00022191

0.00829912

0.00789875

−0.01604408

0.01648789

−0.00018845

0.00894054

0.0084343

−0.01733467

0.01771158

−0.00016005

0.00948834

0.00888767

−0.01843694

0.01875703

−0.00013592

0.00996082

0.00927586

−0.01938693

0.01965877

−0.00011343

0.01037087

0.00961104

−0.0202111

0.02044196

−0.00009803

0.01072863

0.0099023

−0.02092969

0.02112575

−0.00008325

0.01104203

0.01015669

−0.02155874

0.02172524

−0.0000707

0.01131748

0.01037977

−0.02211116

0.02225256

−0.00006004

0.01156023

0.01057605

−0.02259758

0.02271767

−0.00005099

0.01177463

0.01074922

−0.02302686

0.02312885

−0.00004331

0.01196438

0.01090236

−0.02340644

0.02349305

−0.00003678

0.01213257

0.01103803

−0.02374262

0.02381618

−0.00003423

0.01228188

0.01115844

−0.02404081

0.02410327

−0.00002653

0.01241459

0.01126544

−0.02430562

0.02435867

−0.00002253

0.01253267

0.01136065

−0.02454106

0.02458611

−0.00001913

0.01263785

0.01144546

−0.02475059

0.02478885

−0.00001625

0.0127316

0.01152107

−0.02493724

0.02496973

−0.0000138

0.01281524

0.01158854

−0.02510362

0.02513121

−0.00001172

0.01288991

0.01164878

−0.02525204

0.02527547

−0.00000995

0.0129566

0.0117026

−0.02538453

0.02540443

−0.00000845

0.01301621

0.0117507

−0.02550285

0.02551976

  1. Source: result from analysis of data, 2014.