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For the past three years, an analyst tracked two securities, showing the monthly rates of return on the Y axis, and the months themselves on
For the past three years, an analyst tracked two securities, showing the monthly rates of return on the Y axis, and the months themselves on the X axis. The analyst saw that the two sets of returns rose and fell together most, but not all, of the time. Accordingly, the securities demonstrate___________ correlation.
a. no
b. a strong negative
c. a strong positive
d. a perfect positive
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