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A. Returns on common stocks in the United States and overseas appear to be growing more closely correlated as various countries' economies become more interdependent.
A. Returns on common stocks in the United States and overseas appear to be growing more closely correlated as various countries' economies become more interdependent. Suppose that the following population regression line connects the total annual returns (in percent) on two indexes of stockprices:
Mean overseas return=0.30+0.12U.S. Return
What is 0 in this line? Give your answer to two decimalplaces.
0 =
B. What is 1 in this line? Provide your answer with precision to two decimalplaces.
1 =
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