The following table shows the annual returns (in percent) for T-Rowe Prices Value and International Stock funds
Question:
The following table shows the annual returns (in percent) for T-Rowe Price’s Value and International Stock funds for the time period 2005–2009.
a. Calculate and interpret the covariance between the returns.
b. Calculate and interpret the correlationcoefficient.
Transcribed Image Text:
Year 2005 2006 2007 2008 2009 Value Fund 6.30 19.75 0.75 39.76 37.15 International Fund 16.27 19.26 13.43 48.02 52.20
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Related Book For
Essentials Of Business Statistics Communicating With Numbers
ISBN: 9780078020544
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly
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