Question: 9 You are conducting an event study. The event window is 10 days. The CAR in -20% and the daily abnormal return variance is 2.3%,

9 You are conducting an event study. The event window is

10 days. The CAR in -20% and the daily abnormal return variance

9 You are conducting an event study. The event window is 10 days. The CAR in -20% and the daily abnormal return variance is 2.3%, then the variance of CAR is sto 02.3% OC 28% od 20% Clear my choice We require the residuals from the regression to be normally distributed, in order to a. carry out hypothesis testing b. two of the answers are correct c. obtain a best linear unbiased estimate of the constant term d. obtain a BLUE OLS estimators

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