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Company A Company B 3 . 1 7 5 . 2 2 5 . 4 0 8 . 0 4 8 . 9 9 6

Company A Company B
3.175.22
5.408.04
8.996.46
5.931.42
3.177.01
3.198.13
7.903.97
5.332.14
5.481.83
3.797.53Suppose we want to compare the average daily stock
returns of two different companies, Company A and
Company B, to determine if there is a significant difference
between the two. We have the daily stock returns for each
company over a sample of 10 trading days. Test the
hypothesis that the average daily stock returns of Company
A is the same with the average daily stock returns of
Company B using the dataset below (use alpha 0.05). What
is the t statistics?
(Round the answer to three decimal points. For example,
0.34526376 should be 0.345 and 0.34576376 should be
0.346).
stock returns a b.xlsx darr
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