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

Appl Of Ms Excel In Analytical Chemistry
2nd Edition
ISBN:9781285686691
Author:Crouch
Publisher:Crouch
Chapter3: Statistical Tests With Excel
Section: Chapter Questions
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3.
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:
O a.
low correlation
O b. strong correlation
OC.
medium-intensity correlation
O d. No correlation
Transcribed Image Text:3. 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: O a. low correlation O b. strong correlation OC. medium-intensity correlation O d. No correlation
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