For 100 firms on NYSE, we know: X=sector of activity (finance. tourism, statistics) and Y=return on stocks (0-5:5-10:10-15). On average, the return of a company from finance sector is 12.5. On average, the return of a company from tourism sector is 12.5. On average, the return of a company from statistics sector is 12.5. Which of the following statements is true in regards the relationship between X and Y? Select one: a. low correlation O b. strong correlation C. medium-intensity correlation Od. No correlation
For 100 firms on NYSE, we know: X=sector of activity (finance. tourism, statistics) and Y=return on stocks (0-5:5-10:10-15). On average, the return of a company from finance sector is 12.5. On average, the return of a company from tourism sector is 12.5. On average, the return of a company from statistics sector is 12.5. Which of the following statements is true in regards the relationship between X and Y? Select one: a. low correlation O b. strong correlation C. medium-intensity correlation Od. No correlation
Chapter3: Statistical Tests With Excel
Section: Chapter Questions
Problem 7P
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