Regime-Switching Temperature Dynamics Model for Weather Derivatives

Table 9

Goodness-of-fit test using the Kolmogorov-Smirnov and Anderson-Darling.

	Normal	HYP	GH	NIG	VG
Bole
Kolmogorov-Smirnov	2.9650	0.6474	1.8743	0.7000	3.8201
Anderson-Darling	26.0323	0.5346	10.6454	0.7398	36.3417
Tamale
Kolmogorov-Smirnov	1.4567	0.8977	1.2440	0.9370	2.4174
Anderson-Darling	36.0366	0.6035	8.8242	0.7864	41.6297