Read the attached 2 articles from the WSJ (both of which are from the 17th of September of 2019) and respond to the following:

1) Based on these 2 articles, what is your best guess as to the correlation coefficient between energy companies and transportation companies (I am NOT asking you to calculate the correlation coefficient)? Why -- what is the evidence that supports your estimate?

2) Based solely on the data from the article(s), do you estimate the Beta of airline stocks to be greater than 1 or less than 1? Why?

3) Based solely on the data from the article(s), do you estimate the Beta of small energy companies to be greater than 1 or less than 1? Why?

Module 6_17 Sept energy companies.pdf

Module 6_17 Sept transport companies.pdf