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Image Graphic Company (IGC) and Rongway Compass Company (RWC) have the following returns in various states of the economy: State of the Economy Probability IGC
Image Graphic Company (IGC) and Rongway Compass Company (RWC) have the following returns in various states of the economy:
State of the Economy | Probability | IGC | RWC |
Good | 25% | 15% | 10% |
Average | 50% | 10% | 7% |
Bad | 25% | 5% | 7% |
Expected Return: | 10.00% | 7.75% | |
Standard Deviation: | 3.5355% | 1.2990% |
What is the correlation between IGC and RWC?
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