Answered step by step
Verified Expert Solution
Question
1 Approved Answer
It is claimed that the mean weekly share price return is above 1.50%. Do the data provide significant support for this claim? To test this
It is claimed that the mean weekly share price return is above 1.50%. Do the data provide significant support for this claim? To test this claim, use a 5% significance level using : a) the critical value approach (classical approach), and b) p-value approach Compare results to the above questions.
| A2M.AX | ||||
| Interval: Weekly | ||||
| History Period: 2 Years | ||||
| Currency Conversion: AUD | ||||
| Exchange Date | Price | Returns | Volume | Turnover - AUD |
| 04-Sep-2020 | 16.700 | -4.408% | 22,518,910 | 381,502,928.000 |
| 11-Sep-2020 | 16.450 | -1.497% | 12,868,565 | 212,821,558.000 |
| 18-Sep-2020 | 16.390 | -0.365% | 13,420,960 | 221,128,544.000 |
| 25-Sep-2020 | 17.160 | +4.698% | 10,350,213 | 173,777,782.000 |
| 02-Oct-2020 | 13.980 | -18.531% | 53,740,716 | 782,986,719.000 |
| 09-Oct-2020 | 14.350 | +2.647% | 12,961,376 | 185,851,856.000 |
| 16-Oct-2020 | 14.630 | +1.951% | 15,388,068 | 228,336,518.000 |
| 23-Oct-2020 | 14.450 | -1.230% | 15,711,254 | 227,480,772.000 |
| 30-Oct-2020 | 13.670 | -5.398% | 19,737,730 | 279,384,031.000 |
| 06-Nov-2020 | 13.710 | +0.293% | 15,414,747 | 206,981,373.000 |
| 13-Nov-2020 | 14.450 | +5.398% | 14,659,478 | 212,709,150.000 |
| 20-Nov-2020 | 13.900 | -3.806% | 27,483,049 | 391,238,996.000 |
| 27-Nov-2020 | 13.900 | 0.000% | 13,572,082 | 187,847,779.000 |
| 04-Dec-2020 | 13.480 | -3.022% | 18,867,961 | 254,369,903.000 |
| 11-Dec-2020 | 13.060 | -3.116% | 11,041,384 | 146,430,009.000 |
| 18-Dec-2020 | 10.140 | -22.358% | 33,526,038 | 366,724,453.000 |
| 25-Dec-2020 | 10.950 | +7.988% | 35,635,568 | 380,830,159.000 |
| 01-Jan-2021 | 11.450 | +4.566% | 10,644,645 | 122,110,734.000 |
| 08-Jan-2021 | 10.940 | -4.454% | 18,015,967 | 201,088,491.000 |
| 15-Jan-2021 | 10.210 | -6.673% | 19,579,676 | 204,682,363.000 |
| 22-Jan-2021 | 10.140 | -0.686% | 13,727,661 | 139,810,670.000 |
| 29-Jan-2021 | 10.700 | +5.523% | 21,033,234 | 223,785,303.000 |
| 05-Feb-2021 | 10.360 | -3.178% | 23,614,248 | 247,762,783.000 |
| 12-Feb-2021 | 9.960 | -3.861% | 13,584,855 | 139,075,724.000 |
| 19-Feb-2021 | 10.350 | +3.916% | 19,253,530 | 194,492,268.000 |
| 26-Feb-2021 | 8.990 | -13.140% | 55,357,967 | 507,573,226.000 |
| 05-Mar-2021 | 9.310 | +3.560% | 29,553,690 | 273,517,313.000 |
| 12-Mar-2021 | 8.770 | -5.800% | 15,872,424 | 142,871,554.000 |
| 19-Mar-2021 | 8.450 | -3.649% | 20,214,207 | 174,779,660.000 |
| 26-Mar-2021 | 8.040 | -4.852% | 21,606,793 | 177,184,503.000 |
| 02-Apr-2021 | 7.750 | -3.607% | 16,570,074 | 130,709,789.000 |
| 09-Apr-2021 | 7.900 | +1.935% | 17,588,195 | 139,804,336.000 |
| 16-Apr-2021 | 8.150 | +3.165% | 23,047,194 | 189,123,290.000 |
| 23-Apr-2021 | 7.380 | -9.448% | 24,948,121 | 193,220,873.000 |
| 30-Apr-2021 | 7.220 | -2.168% | 32,150,743 | 227,620,699.000 |
| 07-May-2021 | 7.020 | -2.770% | 24,401,889 | 177,384,038.000 |
| 14-May-2021 | 5.530 | -21.225% | 67,634,814 | 397,057,474.000 |
| 21-May-2021 | 5.550 | +0.362% | 45,219,093 | 240,367,951.000 |
| 28-May-2021 | 5.540 | -0.180% | 31,406,659 | 168,880,376.000 |
| 04-Jun-2021 | 5.700 | +2.888% | 30,246,001 | 170,900,212.000 |
| 11-Jun-2021 | 5.720 | +0.351% | 29,663,135 | 168,893,059.000 |
| 18-Jun-2021 | 6.260 | +9.441% | 35,736,560 | 216,269,171.000 |
| 25-Jun-2021 | 6.340 | +1.278% | 33,861,351 | 207,498,662.000 |
| 02-Jul-2021 | 6.520 | +2.839% | 41,034,004 | 255,408,292.000 |
| 09-Jul-2021 | 7.200 | +10.429% | 47,420,835 | 329,035,633.000 |
| 16-Jul-2021 | 7.010 | -2.639% | 38,077,105 | 267,412,671.000 |
| 23-Jul-2021 | 6.780 | -3.281% | 26,088,199 | 179,752,230.000 |
| 30-Jul-2021 | 5.860 | -13.569% | 53,547,998 | 329,847,033.000 |
| 06-Aug-2021 | 5.970 | +1.877% | 30,990,994 | 185,842,557.000 |
| 13-Aug-2021 | 5.960 | -0.168% | 28,258,049 | 167,808,230.000 |
| 20-Aug-2021 | 6.520 | +9.396% | 47,630,876 | 314,491,870.000 |
| 27-Aug-2021 | 5.890 | -9.663% | 61,722,517 | 388,977,781.000 |
| 03-Sep-2021 | 5.730 | -2.716% | 26,062,554 | 151,545,683.000 |
| 10-Sep-2021 | 5.510 | -3.839% | 22,814,328 | 127,626,425.000 |
| 17-Sep-2021 | 5.470 | -0.726% | 25,702,865 | 143,573,855.000 |
| 24-Sep-2021 | 5.720 | +4.570% | 16,664,478 | 91,066,003.000 |
| 01-Oct-2021 | 6.260 | +9.441% | 29,083,119 | 176,388,661.000 |
| 08-Oct-2021 | 6.020 | -3.834% | 35,220,623 | 218,153,247.000 |
| 15-Oct-2021 | 6.720 | +11.628% | 47,932,306 | 316,130,357.000 |
| 22-Oct-2021 | 6.890 | +2.530% | 36,478,229 | 258,931,918.000 |
| 29-Oct-2021 | 6.250 | -9.289% | 43,448,910 | 272,303,293.000 |
| 05-Nov-2021 | 6.390 | +2.240% | 15,391,704 | 97,293,699.000 |
| 12-Nov-2021 | 6.130 | -4.069% | 17,435,729 | 107,486,358.000 |
| 19-Nov-2021 | 6.210 | +1.305% | 24,353,189 | 150,829,032.000 |
| 26-Nov-2021 | 6.000 | -3.382% | 17,963,540 | 111,379,233.000 |
| 03-Dec-2021 | 5.570 | -7.167% | 20,616,635 | 120,008,561.000 |
| 10-Dec-2021 | 5.640 | +1.257% | 20,591,713 | 114,841,680.000 |
| 17-Dec-2021 | 5.470 | -3.014% | 20,074,246 | 113,428,990.000 |
| 24-Dec-2021 | 5.530 | +1.097% | 13,559,670 | 74,595,282.000 |
| 31-Dec-2021 | 5.460 | -1.266% | 5,713,594 | 31,755,860.000 |
| 07-Jan-2022 | 5.480 | +0.366% | 14,660,716 | 80,383,214.000 |
| 14-Jan-2022 | 5.330 | -2.737% | 15,236,102 | 83,025,185.000 |
| 21-Jan-2022 | 5.120 | -3.940% | 17,963,207 | 95,493,719.000 |
| 28-Jan-2022 | 5.210 | +1.758% | 29,284,131 | 154,877,730.000 |
| 04-Feb-2022 | 5.320 | +2.111% | 13,147,691 | 69,189,108.000 |
| 11-Feb-2022 | 5.270 | -0.940% | 16,756,982 | 90,435,517.000 |
| 18-Feb-2022 | 5.300 | +0.569% | 16,129,509 | 84,970,557.000 |
| 25-Feb-2022 | 5.400 | +1.887% | 34,446,694 | 195,758,734.000 |
| 04-Mar-2022 | 5.380 | -0.370% | 16,437,662 | 89,993,199.000 |
| 11-Mar-2022 | 5.240 | -2.602% | 18,063,009 | 96,127,739.000 |
| 18-Mar-2022 | 5.400 | +3.053% | 18,889,717 | 100,928,148.000 |
| 25-Mar-2022 | 5.390 | -0.185% | 12,970,757 | 70,117,813.000 |
| 01-Apr-2022 | 5.200 | -3.525% | 13,428,986 | 71,201,902.000 |
| 08-Apr-2022 | 5.040 | -3.077% | 17,195,019 | 87,422,432.000 |
| 15-Apr-2022 | 4.680 | -7.143% | 20,294,427 | 96,049,789.000 |
| 22-Apr-2022 | 4.580 | -2.137% | 14,104,445 | 66,636,870.000 |
| 29-Apr-2022 | 4.460 | -2.620% | 17,181,623 | 76,284,698.000 |
| 06-May-2022 | 4.210 | -5.605% | 12,569,333 | 53,877,076.000 |
| 13-May-2022 | 4.050 | -3.800% | 19,613,017 | 79,382,845.000 |
| 20-May-2022 | 4.280 | +5.679% | 17,685,410 | 74,739,088.000 |
| 27-May-2022 | 4.320 | +0.935% | 14,057,618 | 61,865,038.000 |
| 03-Jun-2022 | 4.760 | +10.185% | 29,109,772 | 138,283,404.000 |
| 10-Jun-2022 | 4.510 | -5.252% | 11,677,437 | 53,326,698.000 |
| 17-Jun-2022 | 4.180 | -7.317% | 24,996,826 | 104,431,704.000 |
| 24-Jun-2022 | 4.480 | +7.177% | 15,221,153 | 65,068,511.000 |
| 01-Jul-2022 | 4.380 | -2.232% | 13,099,391 | 58,346,168.000 |
| 08-Jul-2022 | 4.580 | +4.566% | 9,003,504 | 41,053,407.000 |
| 15-Jul-2022 | 4.510 | -1.528% | 10,689,777 | 48,221,239.000 |
| 22-Jul-2022 | 4.560 | +1.109% | 12,515,735 | 56,222,039.000 |
| 29-Jul-2022 | 4.540 | -0.439% | 11,849,485 | 52,167,445.000 |
| 05-Aug-2022 | 5.060 | +11.454% | 28,038,979 | 137,046,959.000 |
| 12-Aug-2022 | 4.910 | -2.964% | 27,872,802 | 134,703,192.000 |
| 19-Aug-2022 | 4.960 | +1.018% | 9,215,970 | 46,185,167.000 |
| 26-Aug-2022 | 4.720 | -4.839% | 3,073,213 | 14,756,410.000 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
College Algebra
Authors: Michael Sullivan, Michael Sullivan III
11th Edition
0135226864, 9780135226865
