Business, 20.08.2020 16:01, hoopstarw4438
Assume the returns on Stock X were positive in January, February, April, July, and November. The other months the returns on Stock X were negative. The returns on Stock Y were positive in January, April, May, July, August, and October and negative the remaining months. Which one of the following correlation coefficients best describes the relationship between Stock X and Stock Y?
a. -1.0
b. -0.5
c. 0.0
d. 0.5
e. 1.0
Answers: 2
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Assume the returns on Stock X were positive in January, February, April, July, and November. The oth...
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