Formulate at least two sets of null/alternative hypotheses. Then, gather some stock price data and test your hypotheses. Can you conclude that there is a statistically significant Friday effect in the stock market?
Many people believe that there is a “Friday effect” in the stock market. They don’t necessarily spell out exactly what they mean by this, but there is a sense that stock prices tend to be lower on Fridays than on other days. Because stock prices are readily available on the Web, it should be fairly […]