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The table below shows the annual returns for two stocks during each year in a 5 year period. Use this information to approximate the correlation
The table below shows the annual returns for two stocks during each year in a 5 year period. Use this information to approximate the correlation of the stocks' annual returns. Year Year Year Year Year 1 2 3 4 5 Stock 23% -2% 18% 13% 10% Stock 9% 26% -7% 16% 5% B O 0.6224 0.6765 O 0.7307 O 0.8389 O 0.7848
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