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Calculate the Covariance and Correlation from the table below State of Economy Probability A 0.1 B C D E 0.2 0.4 0.2 0.1 Returns(x) -8% 10% 8% 5% -4% Returns (Y) 14% -4% 6% 15% 20%

Calculate the Covariance and Correlation from the table below State of Economy Probability A 0.1 B C D E 0.2 0.4 0.2 0.1 Returns(x) -8% 10% 8% 5% -4% Returns (Y) 14% -4% 6% 15% 20%

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 18HP
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Q1.Calculate the Covariance and Correlation from the table below State of Economy Probability A 0.1 B C D E 0.2 0.4 0.2 0.1 Returns(x) -8% 10% 8% 5% -4% Returns (Y) 14% -4% 6% 15% 20% Answer: -0.0033 & -0.74625
Transcribed Image Text:Q1.Calculate the Covariance and Correlation from the table below State of Economy Probability A 0.1 B C D E 0.2 0.4 0.2 0.1 Returns(x) -8% 10% 8% 5% -4% Returns (Y) 14% -4% 6% 15% 20% Answer: -0.0033 & -0.74625
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