X Variable: Y Variable:

Market Return Stock Return Year:

1.23.8% 38.6%

2. (7.2)* (24.7)*

*Denotes a negative return

a. From the data above, calculate the beta of the investment versus the market. You must use your financial calculator or no credit will be given. You must show which keys and their sequence or no credit. Your answer must reflect 4 decimal places to the right of the decimal point or no credit.

b. What does the beta indicate here?

you can do without calculator