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a. The coefficient of correlation between two variables is 0.78 what can you infer about this result? (10 Marks) Pls elaborate the answer a min

a. The coefficient of correlation between two variables is 0.78 what can you infer about this result? (10 Marks)  

Pls elaborate the answer a min of 500 words

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What is the coefficient of correlation between the two variables Coefficient of Correlation is very useful in financial markets as it finds a linear relationship between investment and the overall mar... blur-text-image
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