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Question 4 of 5 2 Points Calculate stock X BETA given that prices for Stock X and the Market Index in the past 6 months

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Question 4 of 5 2 Points Calculate stock X BETA given that prices for Stock X and the Market Index in the past 6 months are reported as the following. Then, carefully interpret the meaning of Stock X Beta that you just calculated. Prices for Market Stock X Index (5) MONTHS Aug 2020 $1,361 7460 July 2020 S1.169 6903 June 2020 S1.176 6874 May 2020 $1,105 6727 April 2020 $980 6495 March 2020 S960 6428

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