probabilistic model for YOY of Taiwan consumer price index

Dow you want to know the probabilistic model for YOY of Taiwan consumer price index?

I downloaded data from Taiwan macroeconomic database on the website of the Directorate General of Budget, Accounting and Statistics (DGBAS) of Executive Yuan. Then run the modeling software to find the probabilistic model of YOY of Taiwan CPI.

Data period: 1981/01 ~2021/02

Frequency of data: monthly data

Result: Gumbel, type I, distribution

Parameters: a=0.67, b=1.610871

Software source: http://tinyurl.com/goodnessoffit

Property of software: free portable software to test 45 probability distributions for data.

More functions can be found in the book entitled “#統計學不能做為大數據分析的工具.”

Video of running software: https://youtu.be/DTaQses8qEo