Complete the following table of test statistics (i.e., t-stats) on the calculated betas. CC 5-year 2-year regression regression regression 2015-2019 2015-2016 2018-2019 2-year KM GM 6.6 6.1 3.5 Ford 5.6 6.3 2.6 Toyota 5.2 2.8 4.9 Of the 3 betas of each firm, how many (0,1,2, or 3) are stastistically significant at the 95% confidence level? GM Ford Toyota LD B, slope coefficient g, standard error of B R2, goodness of fit F-statistic = MSR MSE SSR -T+1 (t ) == t=T+1 , intercept a, standard error of STEYX DFE TT, where = 2 SSE ==-T+1 (t Yt) Month T-bill S&P 500 GM Ford 201501 0.17% -3.10% -6.56% -4.13% Toyota 2.69% 5-years monthly regressions Jan 2015-Dec 2019 Jan 2015 Dec 2016 First 2 years monthly regressions Final 2 years monthly regressions Jan 2018-Dec 2019 201502 0.17% 5.49% 14.38% 11.08% 5.06% GM GM GM GM GM GM 201503 0.17% -1.74% 1.31% -1.22% 4.83% 1.38 -0.00431 1.70 -0.00071 1.18 -0.00832 201504 0.17% 0.85% -6.51% -1.18% -0.62% 0.21 0.00735 0.28 0.00943 0.34 0.01442 201505 0.08% 1.05% 2.60% -3.99% -0.81% 0.43 0.05537 0.63 0.04589 0.35 0.06912 201506 0.08% -2.10% -6.34% -1.05% -3.00% 43.46 58 37.18 22 11.91 22 201507 0.25% 1.97% -5.46% -0.20% -0.22% 0.13 0.17779 0.08 0.04632 0.06 0.10509 201508 0.33% -6.26% -6.57% -6.47% -11.30% 201509 0.08% -2.64% 3.19% -2.16% 0.45% 6.6 -0.6 6.1 -0.1 3.5 -0.6 201510 0.08% 8.30% 16.29% 10.24% 4.55% FJ 201511 0.58% 0.05% 3.70% -3.24% 1.47% Ford Ford Ford Ford Ford Ford 201512 1.42% -1.75% -5.06% -1.67% -1.11% 1.09 -0.01044 0.57 -0.00791 0.94 -0.01174 201601 1.92% -5.07% -12.85% -12.42% -2.45% 0.20 0.0069 0.09 0.00661 0.37 0.01557 201602 2.17% -0.41% -0.67% 4.77% -13.27% 0.35 0.05203 0.64 0.03227 0.23 0.07462 201603 2.08% 6.60% 8.05% 7.91% 4.07% 30.83 58 39.30 22 6.54 22 201604 1.58% 0.27% 1.18% 1.56% -4.35% 0.08 0.15699 0.04 0.0229 0.04 0.1225 201605 1.92% 1.53% -1.64% -0.52% 1.68% 201606 1.83% 0.09% -8.31% -6.82% -3.31% 5.6 -1.5 6.3 -1.2 2.6 -0.8 201607 2.17% 3.56% 11.45% 1.91% 11.61% 201608 2.17% -0.12% 1.20% -0.47% 8.09% Toyota Toyota Toyota Toyota 201609 1.58% -0.12% 0.72% -4.21% -2.32% 0.73 -0.00178 0.80 -0.00211 201610 2.00% -1.94% -0.54% -1.49% -0.34% 0.14 0.00491 0.29 0.00968 Toyota Toyota 0.67 -0.00098 0.14 0.00582 201611 2.50% 3.42% 9.27% 1.87% 2.48% 0.32 0.03698 0.26 0.04708 0.52 201612 3.50% 1.82% 2.00% 1.42% -1.12% 27.46 58 7.88 22 23.73 0.0279 22 201701 4.17% 1.79% 5.08% 3.54% -1.24% 0.04 0.0793 0.02 0.04877 0.02 0.01712 201702 4.00% 3.72% 0.63% 1.38% -2.25% 201703 5.50% -0.04% -2.99% -7.10% -4.00% 5.2 -0.4 2.8 -0.2 4.9 -0.2 201704 6.25% 0.91% -2.04% -0.17% -0.44%