If the covariance between two stocks is 115 and the standard deviation of both stocks are 17 and -8 respectively, what is the Correlation Coefficient between the two stocks?
A) 0.18
B) 0.85
C) -0.85
D) There is not enough information to calculate the Correlation Coefficient.
C
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Indicate whether the statement is true or false
Which statement is NOT a useful guideline for using projecgt management (PM) applications?
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