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Mathematics, 10.07.2021 04:30 CoolRahim9090
Closing prices of two stocks are recorded for 50 trading days. The sample standard deviation of stock X is 4.668 and the sample standard deviation of stock Y is 8.006. The sample covariance is $36.109. (a) Calculate the sample correlation coefficient. (Round your answer to 4 decimal places.) Correlation coefficient (b) Describe the relationship between prices of these two stocks. There is no correlation between the two stock prices. rev: 02_19_2019_QC_CS-159277
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