Table 5

Sample statistics of price-earnings ratios of three indexes

Sample statisticsIndex
SET50SET100sSET
ni111111
y¯i19.5718.8317.21
sYi1.001.291.26
x¯i2.972.932.84
sXi0.050.070.07
θˆi19.9815.0714.09

Source(s): Authors’ calculation

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