please provide level of significance 1% 5% and 10% please highlight the signific
ID: 3297044 • Letter: P
Question
please provide level of significance 1% 5% and 10% please highlight the significance in the items below and explain it
stock Alpha SE t-stat P-value Beta SE t-stat p-value smb SE t-stat p-value hml SE t-stat p-value WEN -0.00255 0.00164178 -1.55073 0.126598884 1.229208265 0.052665467 4.352154758 5.78E-05 0.259122 0.072187424 3.589578 0.000698 0.120594 0.068064 1.771776 0.081872 BKW -0.00102 0.00109199 -0.93334 0.354652582 0.92143067 0.035029075 -2.24297472 0.028874 -0.08374 0.0480136 -1.74418 0.086614 -0.2009 0.045271 -4.43776 4.31E-05 MCD -0.00107 0.00068291 -1.56413 0.12342188 0.965888752 0.021906573 -1.55712385 0.125075 -0.11155 0.030026869 -3.71512 0.00047 0.0295 0.028312 1.041988 0.301895 CMG -0.00291 0.00116205 -2.50153 0.015315427 1.021481367 0.037276644 0.576268817 0.566743 -0.00768 0.051094294 -0.15039 0.880998 -0.0168 0.048176 -0.34874 0.728592 PZZA -0.00076 0.00077775 -0.97457 0.333963419 0.992664599 0.024949033 -0.29401544 0.769833 -0.11464 0.034197102 -3.35244 0.001441 -0.10562 0.032244 -3.27555 0.001812 DPZ -0.00043 0.00122023 -0.35627 0.722973701 0.98548107 0.039142755 -0.37092253 0.712095 -0.01648 0.053652132 -0.3072 0.759828 -0.04741 0.050588 -0.93714 0.352712 PZA.TO 0.001641 0.00128745 1.274507 0.207747113 0.859571564 0.041299331 -3.40025936 0.001247 -0.07738 0.056608105 -1.36692 0.177112 -0.02779 0.053375 -0.52072 0.604613 RRGB -0.00084 0.00050454 -1.65755 0.103000041 0.996073283 0.016184927 -0.24261568 0.80919 -0.02058 0.022184332 -0.92775 0.35752 0.042345 0.020917 2.024391 0.047709 DRI 0.001941 0.00161846 1.199094 0.235540563 0.709938657 0.051917481 -5.58696874 7.07E-07 0.545748 0.071162175 7.669079 2.71E-10 0.113721 0.067097 1.694865 0.095656Explanation / Answer
Level of significane Alpha 1%, 5% and 10% means 0.01, 0.05 and 0.10 so identify these level of significane in coloumn two. Coloumn 2 doesnot contain any of the level of significane.
Iwill give example of another level of significane to get idea about the explanation.
Stock BKW has level of significane - 0.00102 means it is nearly equal to - 0.1% and p value corresponding to stock BKW is 0.354652582 which implies that p value > Alpha therefore result is not significant.
In case if Pvalue < Alpha then result is significant.
Hope this will help you to get idea about explanation of level of significane.
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