Research Article
Forecasting Exchange Rate of Pakistan Using Time Series Analysis
Table 3
ADF test for
and
at levels trend and intercept.
| | | ADF-statistic | Probability | Critical values | Results’ interpretation |
| | −0.492292 | 0.9839 | −3.965642 | @1% level | Nonstationary | | −3.413527 | @5% level | Nonstationary | | −3.128812 | @10% level | Nonstationary |
| | −43.66697 | 0.0000 | −3.965642 | @1% level | Stationary | | −3.413527 | @5% level | Stationary | | −3.128812 | @10% level | Stationary |
|
|
