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OpenStudy (anonymous):
As Mr. Damodran mentioned, "the standard error of the average beta estimate will be: average Standard Error/POWER(Number of Firms, 1/2)". However, I guess this function is only for the average in a single business. How can I get the standard error of the weighted average beta for 2 or 3 different buiness(each business shall have a separate standard error)? still using the same function?
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