Level Up Exploring the relationship between oil prices and exchange rates
Preferred learners
- Alberta, Canada
- Academic experience
Categories
Skills
Project scope
- What is the main goal for this project?
-
Do a time series analysis to analyze the relationship between gas prices and CAD/USD exchange rate.
- What tasks will learners need to complete to achieve the project goal?
-
- Fit an ARIMA model for the oil prices
-Fit an ARIMA model for the exchange rate CAD/USD
- include the effect of outliers/intervention analysis
- run cross-correlation for the two time series
- interpret the results
- What is the main goal for this project?
-
Do a time series analysis to analyze the relationship between gas prices and CAD/USD exchange rate.
- What tasks will learners need to complete to achieve the project goal?
-
- Fit an ARIMA model for the oil prices
-Fit an ARIMA model for the exchange rate CAD/USD
- include the effect of outliers/intervention analysis
- run cross-correlation for the two time series
- interpret the results
- How will you support learners in completing the project?
-
The students will be working with Cristina Anton on the R coding and statistical analysis for this project.
About the company
- https://www.macewan.ca/academics/academic-departments/mathematics-statistics/
- 0 - 1 employees
- Education
The Department of Mathematics and Statistics provides a vibrant and supportive home base for students who want to study mathematics and statistics. Our growing department is home to excellent scholars and has a deep commitment to student success, whether taking math as a requirement or as a pursuit of passion. Our faculty members are dedicated to providing an education that emphasizes the knowledge and broad analytical skills that are valuable in today’s world.
Beyond the classroom, our department organizes Torus Talks, a regular presentation series where faculty and students share insights into the uses and versatility of mathematics and statistics, and a Math Help Centre, where students can access additional support in mastering their course work.
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