[5 marks] d. The analyst also tells you that shares in Chris Mining PLC have no systematic risk, in the sense that the returns on its shares are completely unrelated to movements in the market. The value of beta and its standard error are calculated to be 0.5 and 0.25, respectively, and the model is estimated using 52 observations. Write down the null and alternative hypothesis. Form and interpret a 95% and a 99% confidence interval and the [5 marks] d. The analyst also tells you that shares in Chris Mining PLC have no systematic risk, in the sense that the returns on its shares are completely unrelated to movements in the market. The value of beta and its standard error are calculated to be 0.5 and 0.25, respectively, and the model is estimated using 52 observations. Write down the null and alternative hypothesis. Form and interpret a 95% and a 99% confidence interval and the