# Statistical significance

`kaal:entity:statistical-significance`

**Status.** derived

This node is assembled mechanically from the 5 claims that carry the concept tag `statistical-significance`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

5 claims across 2 works, 2014 to 2014.

**2014**

- [2389416-016](https://wulfkaal.github.io/claims/2389416-016) [empirical/evidenced] -- In simple linear regressions of monthly returns on log AUM across the full sample, the AUM coefficient is statistically significant at the 5 percent level only during March through August 2012.
  > When considering the entire sample and no dummy variable, the estimated beta for the logarithm of the AUM are statistically significant at 5% level only in the period March-August 2012.
  Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Hedge Fund Performance (2014). SSRN: https://ssrn.com/abstract=2389416
- [2389416-018](https://wulfkaal.github.io/claims/2389416-018) [empirical/evidenced] -- Adding a dummy for AUM above $150 million to the linear regressions leaves no variable significant at the 5 percent level in March 2012, and the dummy is significant only in April 2012.
  > We notice that in March 2012, no variable is statistically significant at 5% significance level while in April 2012, the dummy variable is statistically significant.
  Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Hedge Fund Performance (2014). SSRN: https://ssrn.com/abstract=2389416
- [2389416-021](https://wulfkaal.github.io/claims/2389416-021) [empirical/evidenced] -- The March 2012 discontinuity coefficient is the only estimate with a p-value below 5 percent; all subsequent monthly estimates are statistically insignificant.
  > Moreover, the coefficient in March 2012 is the only one with p-value smaller than 5%, while all the estimates in the following months are not significant.
  Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Hedge Fund Performance (2014). SSRN: https://ssrn.com/abstract=2389416
- [2389416-034](https://wulfkaal.github.io/claims/2389416-034) [empirical/evidenced] -- The difference-in-differences interaction term identifying treated funds in 2012 is positive and statistically significant in March, April, and May 2012.
  > Table 9 also shows that the dummy variable that identifies the treatment group univocally (year 2012 and AUM>150M) is positive and statistically significant in March, April and May 2012.
  Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Hedge Fund Performance (2014). SSRN: https://ssrn.com/abstract=2389416
- [2389423-030](https://wulfkaal.github.io/claims/2389423-030) [empirical/evidenced] -- All regression models show positive and predominantly statistically significant coefficients, with 18 out of 30 coefficients in the entire sample statistically significant.
  > All regression models show positive and predominantly statistically significant coefficients. 18 out of 30 coefficients in the entire sample are statistically significant.
  Wulf A. Kaal, The Impact of Dodd-Frank Act Compliance Cost on the Hedge Fund Industry (2014). SSRN: https://ssrn.com/abstract=2389423

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/statistical-significance.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.