Table 1 presented descriptive statistics of
overall observation consisting of mean, median
and standard deviation of all variables. Mean,
median and standard deviation of earnings
persistence (EAR_PER) equal to 0.1023, 0.0616
and 0.7409 respectively. And for mean of (Rt),
earnings informativeness equals to 0.4001; and
median and standard deviation do to 0.2091,
0.9903 respectively