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How Do Financial Intermediaries Affect Risk in the Financial Market

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How do financial intermediaries affect risk in the financial market?
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Definitions:

Test Statistic

A calculated value from sample data used to decide whether to reject the null hypothesis in the context of a hypothesis test.

Normal Distribution

It is a probability distribution that features a symmetric alignment around the mean, emphasizing that data around the mean occur more than data at a distance.

Degrees of Freedom

The count of separate values or amounts that are capable of changing in an analysis while still respecting all limitations.

T-test

A statistical method employed to ascertain whether there's a notable disparity between the averages of two sets.

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