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Suppose that we estimate a relationship between volatility, y in percent, and the number of stocks in a portfolio, x given by y = 55.2

Suppose that we estimate a relationship between volatility, y in percent, and the number of stocks in a portfolio, x given by y = 55.2 2.0x. If a portfolio contains ten stocks, what would be the volatility to the nearest 1% (e.g. state 1% for 0.8%)?

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