Answer:
The sample correlation coefficient r = 0.9113
Step-by-step explanation:
In this question, we are interested in calculating the sample correlation coefficient.
From the question, we are given;
We are given that,
The sample standard deviation of stock X = 4.665
The sample standard deviation of stock Y = 8.427
The sample covariance = 35.826
Mathematically, the Pearson correlation coefficient "r", it is given as;
r = (co-variance of X and Y)/(standard deviation of X * Standard deviation of Y)
Inputing these values, we have;
r = (35.826)/(4.665 * 8.427) = 0.9113
