Foreign Sales > 0

Foreign Sales = 0

Hedgers

Non-Hedgers

Hedgers

Non-Hedgers

Mean

2.0069

1.8105

1.5168

1.6857

Variance

0.9413

1.0246

0.3259

0.3578

N

23

14

18

24

Difference in Mean (t-stat) Hedgers-Non-Hedgers

0.5814

−0.9293