If the covariance between the prices of two investments is 100,000, must the correlation between the two

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If the covariance between the prices of two investments is 100,000, must the correlation between the two be close to 1?

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Statistics For Business Decision Making And Analysis

ISBN: 9780134497167

3rd Edition

Authors: Robert A. Stine, Dean Foster

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Question Posted: Nov 29, 2018 04:52 AM

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If the covariance between the prices of two investments is 100,000, must the correlation between the two

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No The covariance depends on the u...View the full answer

Statistics For Business Decision Making And Analysis

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