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You have the following monthly returns on PumpJack Oil Co. and the U.S. stock market. Month Monthly total return on PumpJack Oil stock (%) Monthly

You have the following monthly returns on PumpJack Oil Co. and the U.S. stock market.

Month

Monthly total return on PumpJack Oil stock (%)

Monthly total return on the U.S. stock market (%)

1

1

7

2

15

2

3

-4

-5

4

25

14

5

27

2

6

4

-8

Estimate the market beta for PumpJack Oil Co.

Enter your estimate to 2 decimal places of accuracy. If beta is negative, include the minus sign in your answer.

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