• 1. Theindependent(X-axis)variabletypicallyusedtoestimateBetaisthestocksreturn.
• TrueorFalse

I need someone who is an expert in finance to help me with this questions. It is relates to stock investment and returns. I believe the answer should be false but unsure since the book did not explain clearly. I chose false because the x-axis does not measure stock return, instead it measured market return, isn't that correct. I hope some finance experts could help to clarify this questions. Thanks. Oh, it is a true or false question.