A portfolio manager at an investment bank analyzes the daily returns for General Electric (GE) stock. She collects a sample of 7 days of returns, which is shown in the table below. Day Return (in %) 1 1 -2.3 2 1.8 3 0.6 4 0.1 5 4.9 6 -1.5 7 -0.3 The manager will only include GE stock in the portfolio if the variance of daily returns is below 25. She conducts a hypothesis test to see if this is the case or not. What is the value of the test statistic? 5.62 2.37 1.35 33.72 A portfolio manager at an investment bank analyzes the daily returns for General Electric (GE) stock. She collects a sample of 7 days of returns, which is shown in the table below. Day Return (in %) 1 -2.3 N 1.8 3 0.6 4 0.1 5 4.9 6 -1.5 7 -0.3 The manager will only include GE stock in the portfolio if the variance of daily returns is below 25. She conducts a hypothesis test to see if this is the case or not. The significance level is 5%. What does the manager conclude? The statistic is larger than the critical value do not reject the null hypothesis. The statistic is larger than the critical value: reject the null hypothesis The statistic is less than the critical value: do not reject the null hypothesis The statistic is less than the critical value: reject the null hypothesis