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Basic Question 8 of 8

Which statistical test is commonly used to diagnose the presence of ARCH effects in residuals?

A. Durbin-Watson test.
B. Augmented Dickey-Fuller test.
C. Engle's ARCH LM test.
D. Shapiro-Wilk test.

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Edward Liu

Edward Liu

Learning Outcome Statements

explain autoregressive conditional heteroskedasticity (ARCH) and describe how ARCH models can be applied to predict the variance of a time series;

CFA® 2025 Level II Curriculum, Volume 1, Module 5.