NO.PZ2022123001000104
问题如下：
An analyst tests the profitability of a trading strategy with the null hypothesis that the average abnormal return before trading costs equals zero. The calculated t-statistic is 2.802, with critical values of ±2.756 at significance level α = 0.01. After considering trading costs, the strategy’s return is near zero. The results are most likely:
选项：
A.statistically but not economically significant
B.economically but not statistically significant
C.neither statistically nor economically significant
解释：
The hypothesis is a two-tailed formulation. The t-statistic of 2.802 falls outside the critical rejection points of less than −2.756 and greater than 2.756. Therefore, the null hypothesis is rejected; the result is statistically significant. However, despite the statistical results, trying to profit on the strategy is not likely to be economically meaningful because the return is near zero after transaction costs.
计算的值在置信区间外面不是不显著的吗，为什么是显著的呢
