I'm conducting my bachelor thesis and I need to do research. This morning I received mail from my supervisor and I'm not quite getting wat he wants me to do. I hope someone can help me.
PS: I will try to keep it as simple as possible.
My supervisor send me the following: "The other is to compare the local versus foreign analyst recommendation statistically. For example, for each stock, calculate the difference between CAR_local analyst and CAR_adr analyst. Then report whether the differences are significant"
My expectation is that the Foreign will be significantly higher than the local. What do you suspect I need to perform for kind of test.
PS: I have SPSS and Eviews on my pc.
Every help is much appreciated!
EDIT: My N will be around 300 (so 300 stocks)