Small Capitalization Conclusion and Suggestion THE PRESENCE OF EID al-FITR HOLIDAY EFFECT IN JKSE INDEX RETURN AND THE RELATION BETWEEN EID al-FITR HOLIDAY EFFECT AND FIRM SIZE DURING 2000 TO 2013.

82 T-Test

c. Small Capitalization

T-Test Group Statistics 4 ,0076 ,02679 ,01340 237 ,0003 ,01320 ,00086 Return Holiday Non Holiday 2012 N Mean Std. Dev iat ion Std. Error Mean Independent Samples Test 8,710 ,003 1,069 239 ,286 ,00726 ,00678 -,00611 ,02062 ,541 3,025 ,626 ,00726 ,01342 -,03527 ,04978 Equal v ariances assumed Equal v ariances not assumed 2012 F Sig. Lev enes Test f or Equality of Variances t df Sig. 2-tailed Mean Dif f erence Std. Error Dif f erence Lower Upper 95 Conf idence Interv al of the Dif f erence t-test f or Equality of Means Group Statistics 4 ,0000 ,02009 ,01005 234 ,0002 ,02116 ,00138 Return Holiday Non Holiday 2013 N Mean Std. Dev iat ion Std. Error Mean Independent Samples Test ,065 ,798 -,014 236 ,989 -,00015 ,01066 -,02116 ,02086 -,015 3,115 ,989 -,00015 ,01014 -,03176 ,03146 Equal v ariances assumed Equal v ariances not assumed 2013 F Sig. Lev enes Test f or Equality of Variances t df Sig. 2-tailed Mean Dif f erence Std. Error Dif f erence Lower Upper 95 Conf idence Interv al of the Dif f erence t-test f or Equality of Means Group Statistics 8 -,0071 ,01593 ,00563 228 -,0024 ,02039 ,00135 Return Holiday Non Holiday 2000 N Mean Std. Dev iat ion Std. Error Mean 83 T-Test T-Test Independent Samples Test ,109 ,742 -,636 234 ,525 -,00464 ,00729 -,01900 ,00973 -,801 7,828 ,447 -,00464 ,00579 -,01804 ,00877 Equal v ariances assumed Equal v ariances not assumed 2000 F Sig. Lev enes Test f or Equality of Variances t df Sig. 2-tailed Mean Dif f erence Std. Error Dif f erence Lower Upper 95 Conf idence Interv al of the Dif f erence t-test f or Equality of Means Group Statistics 4 ,0082 ,01542 ,00771 236 ,0001 ,02975 ,00194 Return Holiday Non Holiday 2001 N Mean Std. Dev iat ion Std. Error Mean Independent Samples Test 1,192 ,276 ,541 238 ,589 ,00807 ,01493 -,02134 ,03749 1,016 3,390 ,377 ,00807 ,00795 -,01566 ,03181 Equal v ariances assumed Equal v ariances not assumed 2001 F Sig. Lev enes Test f or Equality of Variances t df Sig. 2-tailed Mean Dif f erence Std. Error Dif f erence Lower Upper 95 Conf idence Interv al of the Dif f erence t-test f or Equality of Means Group Statistics 4 ,0080 ,01080 ,00540 236 ,0010 ,02987 ,00194 Return Holiday Non Holiday 2002 N Mean Std. Dev iat ion Std. Error Mean Independent Samples Test 1,858 ,174 ,467 238 ,641 ,00700 ,01498 -,02251 ,03650 1,219 3,828 ,292 ,00700 ,00574 -,00922 ,02321 Equal v ariances assumed Equal v ariances not assumed 2002 F Sig. Lev enes Test f or Equality of Variances t df Sig. 2-tailed Mean Dif f erence Std. Error Dif f erence Lower Upper 95 Conf idence Interv al of the Dif f erence t-test f or Equality of Means 84 T-Test T-Test T-Test Group Statistics 4 ,0179 ,02503 ,01252 238 ,0028 ,02318 ,00150 Return Holiday Non Holiday 2003 N Mean Std. Dev iat ion Std. Error Mean Independent Samples Test ,001 ,981 1,297 240 ,196 ,01518 ,01170 -,00787 ,03822 1,204 3,087 ,313 ,01518 ,01261 -,02431 ,05466 Equal v ariances assumed Equal v ariances not assumed 2003 F Sig. Lev enes Test f or Equality of Variances t df Sig. 2-tailed Mean Dif f erence Std. Error Dif f erence Lower Upper 95 Conf idence Interv al of the Dif f erence t-test f or Equality of Means Group Statistics 4 ,0006 ,01570 ,00785 238 ,0020 ,02053 ,00133 Return Holiday Non Holiday 2004 N Mean Std. Dev iat ion Std. Error Mean Independent Samples Test ,053 ,818 -,134 240 ,894 -,00138 ,01033 -,02172 ,01896 -,174 3,175 ,873 -,00138 ,00796 -,02595 ,02318 Equal v ariances assumed Equal v ariances not assumed 2004 F Sig. Lev enes Test f or Equality of Variances t df Sig. 2-tailed Mean Dif f erence Std. Error Dif f erence Lower Upper 95 Conf idence Interv al of the Dif f erence t-test f or Equality of Means Group Statistics 4 -,0018 ,00905 ,00452 239 ,0019 ,01965 ,00127 Return Holiday Non Holiday 2005 N Mean Std. Dev iat ion Std. Error Mean 85 T-Test T-Test Independent Samples Test 1,459 ,228 -,370 241 ,711 -,00365 ,00986 -,02307 ,01577 -,777 3,492 ,486 -,00365 ,00470 -,01748 ,01018 Equal v ariances assumed Equal v ariances not assumed 2005 F Sig. Lev enes Test f or Equality of Variances t df Sig. 2-tailed Mean Dif f erence Std. Error Dif f erence Lower Upper 95 Conf idence Interv al of the Dif f erence t-test f or Equality of Means Group Statistics 4 ,0095 ,01553 ,00777 236 ,0029 ,01816 ,00118 Return Holiday Non Holiday 2006 N Mean Std. Dev iat ion Std. Error Mean Independent Samples Test ,001 ,970 ,724 238 ,470 ,00662 ,00914 -,01139 ,02462 ,842 3,141 ,459 ,00662 ,00786 -,01776 ,03100 Equal v ariances assumed Equal v ariances not assumed 2006 F Sig. Lev enes Test f or Equality of Variances t df Sig. 2-tailed Mean Dif f erence Std. Error Dif f erence Lower Upper 95 Conf idence Interv al of the Dif f erence t-test f or Equality of Means Group Statistics 4 ,0190 ,01858 ,00929 237 ,0028 ,02043 ,00133 Return Holiday Non Holiday 2007 N Mean Std. Dev iat ion Std. Error Mean Independent Samples Test ,021 ,885 1,574 239 ,117 ,01619 ,01029 -,00408 ,03646 1,725 3,124 ,179 ,01619 ,00939 -,01302 ,04540 Equal v ariances assumed Equal v ariances not assumed 2007 F Sig. Lev enes Test f or Equality of Variances t df Sig. 2-tailed Mean Dif f erence Std. Error Dif f erence Lower Upper 95 Conf idence Interv al of the Dif f erence t-test f or Equality of Means 86 T-Test T-Test T-Test Group Statistics 3 -,0128 ,00769 ,00444 232 -,0031 ,03731 ,00245 Return Holiday Non Holiday 2008 N Mean Std. Dev iat ion Std. Error Mean Independent Samples Test 1,809 ,180 -,447 233 ,655 -,00965 ,02159 -,05219 ,03289 -1,903 3,401 ,142 -,00965 ,00507 -,02476 ,00546 Equal v ariances assumed Equal v ariances not assumed 2008 F Sig. Lev enes Test f or Equality of Variances t df Sig. 2-tailed Mean Dif f erence Std. Error Dif f erence Lower Upper 95 Conf idence Interv al of the Dif f erence t-test f or Equality of Means Group Statistics 4 ,0163 ,01513 ,00757 230 ,0027 ,02202 ,00145 Return Holiday Non Holiday 2009 N Mean Std. Dev iat ion Std. Error Mean Independent Samples Test ,724 ,396 1,231 232 ,219 ,01363 ,01107 -,00818 ,03544 1,769 3,225 ,169 ,01363 ,00770 -,00995 ,03721 Equal v ariances assumed Equal v ariances not assumed 2009 F Sig. Lev enes Test f or Equality of Variances t df Sig. 2-tailed Mean Dif f erence Std. Error Dif f erence Lower Upper 95 Conf idence Interv al of the Dif f erence t-test f or Equality of Means Group Statistics 4 ,0189 ,02627 ,01313 234 ,0013 ,01979 ,00129 Return Holiday Non Holiday 2010 N Mean Std. Dev iat ion Std. Error Mean 87 T-Test T-Test Independent Samples Test 1,181 ,278 1,750 236 ,081 ,01755 ,01003 -,00221 ,03730 1,329 3,059 ,274 ,01755 ,01320 -,02400 ,05910 Equal v ariances assumed Equal v ariances not assumed 2010 F Sig. Lev enes Test f or Equality of Variances t df Sig. 2-tailed Mean Dif f erence Std. Error Dif f erence Lower Upper 95 Conf idence Interv al of the Dif f erence t-test f or Equality of Means Group Statistics 4 -,0030 ,01076 ,00538 239 ,0001 ,01880 ,00122 Return Holiday Non Holiday 2011 N Mean Std. Dev iat ion Std. Error Mean Independent Samples Test ,418 ,518 -,335 241 ,738 -,00316 ,00944 -,02175 ,01543 -,573 3,314 ,603 -,00316 ,00552 -,01981 ,01349 Equal v ariances assumed Equal v ariances not assumed 2011 F Sig. Lev enes Test f or Equality of Variances t df Sig. 2-tailed Mean Dif f erence Std. Error Dif f erence Lower Upper 95 Conf idence Interv al of the Dif f erence t-test f or Equality of Means Group Statistics 4 -,0021 ,01108 ,00554 239 ,0000 ,01467 ,00095 Return Holiday Non Holiday 2012 N Mean Std. Dev iat ion Std. Error Mean Independent Samples Test ,487 ,486 -,286 241 ,775 -,00211 ,00738 -,01664 ,01242 -,376 3,179 ,731 -,00211 ,00562 -,01944 ,01522 Equal v ariances assumed Equal v ariances not assumed 2012 F Sig. Lev enes Test f or Equality of Variances t df Sig. 2-tailed Mean Dif f erence Std. Error Dif f erence Lower Upper 95 Conf idence Interv al of the Dif f erence t-test f or Equality of Means 88 T-Test

d. Big Capitalization Return versus Small Capitalization Return

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