Research Article
Forecasting Exchange Rate of Pakistan Using Time Series Analysis
Table 4
ADF test for
and
without trend and intercept or intercept.
| | | ADF-statistic | Probability | Critical values | Results’ interpretation |
| | 1.663901 | 0.9770 | −2.566873 | @1% level | Nonstationary | | −1.941085 | @5% level | Nonstationary | | −1.616523 | @10% level | Nonstationary |
| | −43.47014 | 0.0001 | −2.566873 | @1% level | Stationary | | −1.941085 | @5% level | Stationary | | −1.616523 | @10% level | Stationary |
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