Analysis of summary statistics

AID GDP REMITTANCE

Mean 24445.19 490030.2 175380.5
Median 17523.90 459470.7 61530.60
Maximum 58776.70 786006.0 699000.0
Minimum 5666.900 256615.4 2128.300
Std. Dev. 17062.57 162866.6 225011.8
Skewness 0.865276 0.381373 1.257823
Kurtosis 2.316944 2.002229 3.175448

Jarque-Bera 3.894047 1.774496 7.154165

Probability 0.142698 0.411787 0.027957

Sum 660020.1 13230817 4735274.

Sum Sq. Dev. 7.57E+09 6.90E+11 1.32E+12

Observations 27 27 27

From above summary statistics it shows that Mean, Median , skewness, kurtosis,
and standard deviation of AID, GDP, and Remittances. To show such data are
normally distributed we have jarque bera test. From above table we all three
distribution of data is positively skewed i.e more higher values than sample mean

Prob value of both aid and gdp is greater than level of significance 0.05 so the
sample distribution is normally distributed. However, we have prob of remittance
is less than level of significance so remittance is not normally distributed.
 AID
.0000250

.0000200

.0000150
Density

.0000100

.0000050

.0000000
-20,000 0 10,000 30,000 50,000 70,000

GDP
.0000025

.0000020

.0000015
Density

.0000010

.0000005

.0000000
0 100,000 300,000 500,000 700,000 900,000

REMITTANCE
.0000020

.0000016

.0000012
Density

.0000008

.0000004

.0000000
-600,000 -200,000 0 200,000 600,000
 AID
.0000250

.0000200

.0000150
Density

.0000100

.0000050

.0000000
-20,000 0 10,000 30,000 50,000 70,000

GDP
.0000025

.0000020

.0000015
Density

.0000010

.0000005

.0000000
0 100,000 300,000 500,000 700,000 900,000

REMITTANCE
.0000020

.0000016

.0000012
Density

.0000008

.0000004

.0000000
-600,000 -200,000 0 200,000 600,000