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David Lee deposited Conduit Fees Introduction in the group
Scholarly Communication on Humanities Commons 2 years, 3 months ago Accounting requires the ability to forecast conduit administration fees. a simple stationary lognormal model for the fees is presented. Initially, the stationarity of the sweep fees is tested by measuring the level of mean reversion. Using a Dickey-Fuller statistical test the conduits are checked for approximate stationarity. Next, assuming the raw fee data is stationary, the proposed lognormal form of the model is investigated. A Jarque-Bera statistical test formalizes this step.