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Exhibit 15-6

question 8

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Exhibit 15-6.Tiffany & Co.has been the world's premier jeweler since 1837.The performance of Tiffany's stock is likely to be strongly influenced by the economy.Monthly data for Tiffany's risk-adjusted return and the risk-adjusted market return are collected for a five-year period (n = 60) .The accompanying table shows the regression results when estimating the CAPM model for Tiffany's return. Exhibit 15-6.Tiffany & Co.has been the world's premier jeweler since 1837.The performance of Tiffany's stock is likely to be strongly influenced by the economy.Monthly data for Tiffany's risk-adjusted return and the risk-adjusted market return are collected for a five-year period (n = 60) .The accompanying table shows the regression results when estimating the CAPM model for Tiffany's return.   Refer to Exhibit 15-6.When testing whether there are abnormal returns,or whether the alpha coefficient is significantly different from zero,the value of the test statistic is A) -98. B) 1.98. C) 4.33. D) 9.58. Refer to Exhibit 15-6.When testing whether there are abnormal returns,or whether the alpha coefficient is significantly different from zero,the value of the test statistic is

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Definitions:

Synaptogenesis

The process of forming synapses between neurons in the nervous system, crucial for brain development and plasticity.

Myelination

The biological process of forming a myelin sheath around the nerves in the brain and spinal cord, which improves the speed and efficiency of electrical signal transmission.

Habituate

The process of becoming accustomed to a stimulus or environment through repeated exposure, leading to a decrease in response.

Prefrontal Cortex

The front part of the frontal lobe of the brain, involved in complex behaviors including planning, decision making, and moderating social behavior.

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