Homework Help is Here – Start Your Trial Now!
Math
Statistics
IBM wonders if its announcement of an acquisition had a significant impact on its stock price. On the day of the announcement/event IBM's stock was up 1% while the Market Index was up 0.06%. Regression results for 120 days prior to the event are: . IBM Market Index Average Daily Returns: 0.045% Standard Deviation: 1.103 % 0.04% 1.265% Intercept = 0.0010 Slope 0.8500 :SSR 0.0129 Did the Event have a significant impact on the stock price? Test at the 5% significance level?

IBM wonders if its announcement of an acquisition had a significant impact on its stock price. On the day of the announcement/event IBM's stock was up 1% while the Market Index was up 0.06%. Regression results for 120 days prior to the event are: . IBM Market Index Average Daily Returns: 0.045% Standard Deviation: 1.103 % 0.04% 1.265% Intercept = 0.0010 Slope 0.8500 :SSR 0.0129 Did the Event have a significant impact on the stock price? Test at the 5% significance level?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
See similar textbooks
icon
Related questions
Question
IBM wonders if its announcement of an acquisition had a significant impact on its stock price. On the day of the announcement/event IBM's stock was up 1% while the Market Index was up 0.06%. Regression results for 120 days prior to the event are: M IBM Market Index Average Daily Returns: 0.045% Standard Deviation: 1.103 % 0.04% 1.265% Intercept = 0.0010; Slope 0.8500 :SSR 0.0129 Did the Event have a significant impact on the stock price? Test at the 5% significance level?
Transcribed Image Text:IBM wonders if its announcement of an acquisition had a significant impact on its stock price. On the day of the announcement/event IBM's stock was up 1% while the Market Index was up 0.06%. Regression results for 120 days prior to the event are: M IBM Market Index Average Daily Returns: 0.045% Standard Deviation: 1.103 % 0.04% 1.265% Intercept = 0.0010; Slope 0.8500 :SSR 0.0129 Did the Event have a significant impact on the stock price? Test at the 5% significance level?
Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS