What is the correlation coefficient between the following two investments?

Year Return A Return B
1 2% -3%
2 -6% 5%
3 4% -6%
4 -1% 2%
5 -9% 8%

A) Positive
B) Negative
C) Zero
D) Unable to determine without knowing the covariance


B

Business

You might also like to view...

Operating control over the check signature plate normally should be the responsibility of the:

A. Secretary. B. Chief accountant. C. Treasurer. D. Vice President of Finance.

Business

Based on the ideas in this chapter, what topics should be included in a prepromotional managerial communication training program?

What will be an ideal response?

Business

The controller of an organization participates in

A) planning B) controlling C) decision making D) all of these

Business

Sending a thank-you message following an interview is a professional courtesy, but unnecessary if you thank the interviewer before departing from the interview

Indicate whether the statement is true or false

Business