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State Stock A Return Stock B Return Optimistic Consumer 1 9 % 7 % Normal Consumer 1 1 % 4 % Pessimistic Consumer - 1

State Stock A Return Stock B Return

Optimistic Consumer

19 % 7 %

Normal Consumer

11 % 4 %

Pessimistic Consumer

- 10 % 5 %

Calculate the correlation between stock A and stock B

.

Assume that each state is equally likely. Enter your answer to two decimal places.

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