Assignment:
Question 1. Based on the company that you selected, compute the company's daily stock returns over the past year.
The null hypothesis is that the stock's daily return over the past year is equal to 0 percent. The alternative hypothesis is that the stock's daily return over the past year is not equal to 0 percent.
- Make a decision on whether or not the stock's daily return over the past year is equal to 0 percent and report your findings.
- Explain the steps you conducted in completing this assignment.
Write all your answers in a two to three page Microsoft Word document and the computations for the hypothesis test in a Microsoft Excel sheet.