Question
The All-Ordinaries (^AORD) is one of the benchmark stock market indices for Australian equities. The past year average rate if weekly returns of All-ordinaries is
The All-Ordinaries (^AORD) is one of the benchmark stock market indices for Australian equities. The past year average rate if weekly returns of All-ordinaries is approximately 0.15% (do not convert this to a percent use as it is) . Test if each of your company/stock/index weekly returns is significantly different from 0.15% at =5% level of significance. Use Testing of hypothesis and Show all six steps (for each company) including calculations. You must use the critical value method. Make sure you do hypothesis testing for both stock 1 and stock 2.
Additional information
Stock 1 | |
Mean | -0.147498741 |
Standard Error | 1.191196752 |
Median | -1.638286894 |
Mode | 0 |
Standard Deviation | 9.226970369 |
Sample Variance | 85.13698219 |
Kurtosis | 4.34870128 |
Skewness | 1.796843621 |
Range | 47.24302246 |
Minimum | -15.38461538 |
Maximum | 31.85840708 |
Sum | -8.849924432 |
Count | 60 |
Stock 2 | |
Mean | -0.841890285 |
Standard Error | 1.024079569 |
Median | -1.413910464 |
Mode | #N/A |
Standard Deviation | 7.932486233 |
Sample Variance | 62.92433784 |
Kurtosis | 1.096600682 |
Skewness | 0.585393218 |
Range | 43.33664647 |
Minimum | -17.19705283 |
Maximum | 26.13959364 |
Sum | -50.51341712 |
Count | 60 |
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