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The covariance of stock Walter Inc. and Boo-boo Corp. is 0.50. The standard deviation of Walter is 1 and the standard deviation of Boo-boo is
The covariance of stock Walter Inc. and Boo-boo Corp. is 0.50. The standard deviation of Walter is 1 and the standard deviation of Boo-boo is also 1. What is the correlation coefficient for Walter and Boo-boo?
Question 20 options:
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a) | 0.50 |
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b) | 0.25 |
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c) | not enough information to answer |
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d) | none of the above |
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