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Over a span of 10 years (120 months), you collect the following data on the monthly returns large and small cap stock indices: Large return

Over a span of 10 years (120 months), you collect the following data on the monthly returns large and small cap stock indices:

Large return (%) Small return (%) Difference (large - small)
Mean 1.37 1.1 1.37 - 1.1
SD 4.32 5.16 3.03

Calculate the test statistic for paired-observation test equality of the means of these two indices.

Bonus thinking question: can you reject the hypothesis that they are equal?

Enter answer accurate to three decimal places.

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