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can someone please explain how the top formula turns into the second? like how does correlation end up in the denominator? Explanation Corr(RAR) Cov(RA,RB) [o(R2)][(RB)]

can someone please explain how the top formula turns into the second? image text in transcribed

like how does correlation end up in the denominator?

Explanation Corr(RAR) Cov(RA,RB) [o(R2)][(RB)] 2 2 0(R) lan Cov(RAR) o(RB)Corr(RA,RB) 0.0331 1 - 1 (0.26)(0.5)) 0.0011

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