These stock prices are taken from Karachi stock exchange of Allied Bank Limited.

these stocks price is for the month of November and December of this year (2011). T-Test [DataSet0] One-Sample Statistics N stockPrice VAR00001 VAR00002 VAR00003 VAR00004 VAR00005 VAR00006 VAR00007 VAR00008 Mean 60 60.0978 10 60.0320 15 59.8287 20 59.4160 25 58.7016 0a,b 0 0 0
a,b a,b a,b

Std. Deviation 4.95642 2.36343 2.85925 2.94548 2.80783 . . . .

Std. Error Mean .63987 .74738 .73826 .65863 .56157 . . . .

. . . .

a. t cannot be computed because the sum of case weights is less than or equal 1. b. t cannot be computed. There are no valid cases for this analysis because all case weights are not positive.

One-Sample Test Test Value = 0 95% Confidence Interval of the Difference Lower 58.8175 58.3413 58.2453 58.0375 57.5426 Upper 61.3782 61.7227 61.4121 60.7945 59.8606

t stockPrice VAR00001 VAR00002 VAR00003 VAR00004 93.922 80.323 81.041 90.212 104.532

df 59 9 14 19 24

Sig. (2-tailed) .000 .000 .000 .000 .000

Mean Difference 60.09783 60.03200 59.82867 59.41600 58.70160

One-Sample Statistics N stockPrice VAR00001 VAR00002 VAR00003 VAR00004 VAR00005 VAR00006 VAR00007 VAR00008 Mean 60 60.0978 10 60.0320 15 59.8287 20 59.4160 25 58.7016 0 0
a,b a,b

Std. Deviation 4.95642 2.36343 2.85925 2.94548 2.80783 . . . .

Std. Error Mean .63987 .74738 .73826 .65863 .56157 . . . .

. . . .

0a,b 0a,b

a. t cannot be computed because the sum of caseweights is less than or equal 1. b. t cannot be computed. There are no valid cases for this analysis because all caseweights are not positive.

One-Sample Test Test Value = 0 90% Confidence Interval of the Difference Lower 59.0285 58.6620 58.5284 58.2771 57.7408 Upper 61.1671 61.4020 61.1290 60.5549 59.6624

t stockPrice VAR00001 VAR00002 VAR00003 VAR00004 93.922 80.323 81.041 90.212 104.532

df 59 9 14 19 24

Sig. (2-tailed) .000 .000 .000 .000 .000

Mean Difference 60.09783 60.03200 59.82867 59.41600 58.70160

The actual mean for the60 stocks prices of Allied Bank Limited is 60.0978 as the table indicates . Interpretation: For 95% Confidence Interval of the Difference. 1.with a 95 % of confedence level ,the1st sample taken is for 10 stocks prices.From the table the interval indicate for it is that their mean will lies between in that intervals while there is 5% chances that the mean will not be lies in these intervals. 2. Similarly the 2nd sample will also give an interval which will be more close to the actual mean because as the sample increase the precision and reliability also increase. 3. Similarly the same interpretation for the 3rd and the 4th one sample also.

Interpretation: For 90% Confidence Interval of the Difference. 1. The 1st sample will lies in these two intervals with a 90% probability and there is 10% probability that the mean will not lies in these two intervals. 2. As the sample becomes large the reliability becomes increase and the precision also increase. Comparison b/w the two confidence level 90%& 95%: As in my case the stock prices of the ABL will very close to one another. Therefore there is a very less fluctuation occurs b/w the intervals .means and also with the confidence level of 90% and 95% . Although with the confidence level of 95%, the intervals and the mean will close the population means as compared to the 905 confedence level, it will some how away from the mean and also the interval . Overall there is no such high fluctuation in my case, but with a different samples taken ,the intervals and the means iffer frm one another.