How peanut butter is made
The Abstract
For your information, currently I am doing my internship AS WELL AS thesis. My advisor is my own aunty, Professor Madya Noor Izah Ismail Binti Ismail. She’ is a very strict advisor I tell you. She asked me the abstract of my thesis last week and tell if I cannot follow her style, just switch to another advisor. I was so worried and I quickly turn into my office table to finish the abstract. I do not have any data yet actually. I believe once you got the data, it’s easy for you to draft your thesis. I was so clumsy and end up with this simple abstract. Abstract is also meant to be simple right?
In financial analysis, forecasting often involves regressing one time series variable on another. However, to ensure that models are correctly specified, one need to first test for stationary, co-integration and causality. In testing for causality, the variables should be stationary. If non-stationary, one can estimate the model in difference form, unless the variables are co-integrated. This article determines whether United States (US) currency and Malaysia (MYR) currency are stationary, and which variable causes the other, using econometric analysis. In most cases, US currency is found to cause MYR currency. This is so when the models are estimated in levels. However, when estimated in first differences, the causal relationship tends to be reversed such that MYR currency causes US currency. Further study is recommended, whereby panel data could be used to improve the power of the tests.
An escaped sheep was found with 60 pounds of wool.
Shrek the sheep ran away and hid in a cave in New Zealand for 6 years. When Shrek was finally found in 2004, the sheep had gone unsheared for so long that it had accumulated 60 pounds of wool on its body, enough to make 20 suits! The sheep became famous and even got to meet the Prime Minister. Shrek finally passed away last month at the age of 16.
HE HID IN A CAVE IN NEW ZEALAND FOR 6 YEARS.
