Variable | Difference of the mean | T value | Difference of median | Z value |
mv | 0.190 | 5.017*** | 0.017 | 5.907*** |
cash | 0.025 | 6.845*** | 0.011 | 3.862*** |
agency | 0.007 | 0.585 | −0.006 | −2.701*** |
fc(KZ index) | −0.032 | −2.043** | −1 | −2.042** |
fc(WW index) | −0.010 | −0.646 | 0 | −0.646 |