On robust analysis of paycheck: case study

Many statistical tests are constructed to check the validity of normal distribution. Here we propose a case study on analysis of paycheck where we employ the RT class of tests for normality firstly introduced in Střelec, Stehlík (2008). In particular such a study can be of interest for pension funds...

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Main Authors: Michal Uherek, Milan Stehlík, Luboš Střelec
Format: Article
Language:English
Published: Mendel University Press 2011-01-01
Series:Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
Subjects:
Online Access:https://acta.mendelu.cz/59/4/0371/
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spelling doaj-363470a33421451aac1f0c939dedf5682020-11-24T22:49:54ZengMendel University PressActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis1211-85162464-83102011-01-0159437137810.11118/actaun201159040371On robust analysis of paycheck: case studyMichal Uherek0Milan Stehlík1Luboš Střelec2Zurich Insurance plc, o.z., Bratislava, Slovak RepublicInstitut für angewandte Statistik, Johannes Kepler University in Linz, Freistädter Straße 315, Linz, A-4040, AustriaÚstav statistiky a operačního výzkumu, Mendelova univerzita v Brně, Zemědělská 1, 613 00, Brno, Česká republikaMany statistical tests are constructed to check the validity of normal distribution. Here we propose a case study on analysis of paycheck where we employ the RT class of tests for normality firstly introduced in Střelec, Stehlík (2008). In particular such a study can be of interest for pension funds theoreticians and practitioners, which study the transitions of pension systems from one social security state to the another one. Our study illustrates some possible distributional deviations of salary residuals on a real data.https://acta.mendelu.cz/59/4/0371/paycheckcase studyrobust approachnormality testingresiduals
collection DOAJ
language English
format Article
sources DOAJ
author Michal Uherek
Milan Stehlík
Luboš Střelec
spellingShingle Michal Uherek
Milan Stehlík
Luboš Střelec
On robust analysis of paycheck: case study
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
paycheck
case study
robust approach
normality testing
residuals
author_facet Michal Uherek
Milan Stehlík
Luboš Střelec
author_sort Michal Uherek
title On robust analysis of paycheck: case study
title_short On robust analysis of paycheck: case study
title_full On robust analysis of paycheck: case study
title_fullStr On robust analysis of paycheck: case study
title_full_unstemmed On robust analysis of paycheck: case study
title_sort on robust analysis of paycheck: case study
publisher Mendel University Press
series Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
issn 1211-8516
2464-8310
publishDate 2011-01-01
description Many statistical tests are constructed to check the validity of normal distribution. Here we propose a case study on analysis of paycheck where we employ the RT class of tests for normality firstly introduced in Střelec, Stehlík (2008). In particular such a study can be of interest for pension funds theoreticians and practitioners, which study the transitions of pension systems from one social security state to the another one. Our study illustrates some possible distributional deviations of salary residuals on a real data.
topic paycheck
case study
robust approach
normality testing
residuals
url https://acta.mendelu.cz/59/4/0371/
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