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The Accounting Review Vol. 67 No. 1 1992

A Reply to a Comment on the Proper Use of Residuals in Patell's Squared Unexpected Return Statistic.

Earl K. Stice

Abstract

Presents further information about the relative distributional properties of Z-statistics derived from squared residuals and squared forecast errors. Advantages of using squared residuals; Characteristics of the distribution of Z-statistics based on squared forecast errors; Author's comments on the reactions of William M. Cready.

DOI
10.2308/tar-9605305876
Volume
67
Issue
1
Pages
216-218
Language
en
Sources
crossref openalex

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