For my research, I want to calculate the Jarque Bera, which is a normality test that matches the skewness and kurtosis of a data set to see if it matches a normal distribution.
As far as I understand, The Jarque Bera formula is as follows:
However, when I calculate the JB...
So I am conducting an analysis on daily stock prices of a stock to analyze whether there is a particular month which returns are higher/lower than others (Month of the year effect / January effect)
The thing is, during the period of study from 2000 to 2015 with thousands of...