You are given the following information concerning a stock and the market Returns( ) Year Market Stock 2011 17 29 2012 16 32 2013 17 8 2014 15 26 2015 37 16 2016 15 27 (a) What is the correlation between the stock and the market (b) What is the stock's beta Round your answers to 2 decimal places

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You are given the following information concerning a stock and the market: Returns(%) Year Market Stock 2011 17 29 2012 16 32 2013 17 8

You are given the following information concerning a stock and the market:

	Returns(%)
Year	Market	Stock
2011	17	29
2012	16	32
2013	17	8
2014	15	26
2015	37	16
2016	15	27

(a) What is the correlation between the stock and the market.

(b) What is the stock's beta?

Round your answers to 2 decimal places.

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