1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Deffense [45]
3 years ago
11

(5). The variance of Stock A is .005, the variance of the market is .008 and the covariance between the two is .0026. What is th

e correlation coefficient
Business
1 answer:
Nadya [2.5K]3 years ago
5 0

Answer:

0.4110

Explanation:

The formula and computation of the correlation coefficient is shown below:

Correlation co-efficient = Covariance ÷ (Standard deviation of market × Standard deviation of Stock A)

where,

Covariance between the two = 0.0026

Variance of the stock A = 0.005

And, the variance of the market is 0.008

Now placing these values to the above formula

So, the correlation coefficient is

= 0.0026 ÷ (0.008 × 0.005)^0.50

= 0.0026 ÷ 0.006324555

= 0.411096096

= 0.4110

Hence, the correlation coefficient is 0.4110

You might be interested in
Agnes and Buford went camping to celebrate their 50th wedding anniversary. While eating under the moonlit sky, Agnes and Buford
Alex17521 [72]

Answer:

The letter D. Assumption of the risk.

Explanation:

I believe the Best-of-the-Rest company is reliable for the quality of the products it produces and resells. Trading food is very dangerous because it needs a very close surveillance by the owner and supervision. A part of a mouse ear at the bottom of the can may have been overlooked in the packaging. Alternatively, it may have been posed by someone with bad intentions to undermine the company's credibility. Everything is possible.

5 0
3 years ago
What is the purpose of a marketing plan?
Elza [17]

Answer:

The is purpose of marketing plan is to:define strategies to engage audiences in order to achieve business objectives

Explanation:

hope it helps

4 0
3 years ago
which of the following statements are correct regarding the requirements to meet the economic performance test under the various
bija089 [108]

Certain liabilities, which includes rebates, refunds, and employees reimbursement payments, may be deducted while incurred irrespective of while charge is ma is INCORRECT concerning the necessities to satisfy the financial overall performance test.

The required details for liabilities in given paragraph

A legal responsibility is some thing someone or corporation owes, normally a sum of money. Liabilities are settled over the years thru the switch of financial advantages consisting of money, goods, or services. Recorded at the proper aspect of the stability sheet, liabilities encompass loans, debts payable, mortgages, deferred revenues, bonds, warranties, and accumulated expenses. Liabilities may be contrasted with property. Liabilities consult with matters which you owe or have borrowed; property are matters which you personal or are owed. a legal responsibility is an responsibility among one celebration and every other now no longer but finished or paid for. In the arena of accounting, a monetary legal responsibility is likewise an responsibility however is greater described through preceding enterprise transactions, events, sales, trade of property or services, or whatever that could offer financial gain at a later date.

Current liabilities are normally considered short-term (anticipated to be concluded in three hundred and sixty five days or less) and non-present day liabilities are long-term (three hundred and sixty five days or greater).

To know about liabilities click here

brainly.com/question/14921529

#SPJ4

Complete question

Which of the following statements is INCORRECT regarding the requirements to meet the economic performance test under the various ways a liability can arise?

8 0
1 year ago
You own 100 shares of Troll Brothers' stock, which currently sells for $120 a share. The company is about to declare a 2-for-1 s
SSSSS [86.1K]

Answer:

You will have 200 shares of stock, and the stock will trade at or near $60 a share.

Explanation:

When a company declares a 2-for-1 stock split, its shares' value is cut by half, while the number of stocks of each share holder doubles.

If, before the split, the stock had a value of $120 per share, after the stock split it will sell for close to $60 a share.

If you previously had a position of 100 shares of Troll Brothers' stock, after the 2-for-1 split you will have 200 shares.

Therefore, you will have 200 shares of stock, and the stock will trade at or near $60 a share.

8 0
3 years ago
Activity-based costing uses one plantwide pool and numerous cost drivers departmental pools and a single cost driver. numerous c
kipiarov [429]

Answer:

numerous cost pools and numerous cost drivers

Explanation:

Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

In Financial accounting, one of the most widely used activity-based costing technique is the time-driven activity-based costing.

Time-driven activity-based costing (TDABC) avails business owners the opportunity of reporting their costs on an ongoing basis (real time) which give details about the various cost of doing business, as well as the time spent on them respectively.

Cost pool is simply the amount of money spent by a firm on a particular activity.

Generally, an activity-based costing uses numerous cost pools such as manufacturing cost or customer services and numerous cost drivers such as direct labor hours worked, number of changes used in engineering department, etc.

6 0
3 years ago
Other questions:
  • A high-definition tv costs a company $3,300 to manufacture. if it sells for $6,732, what is the percent markup based on cost? (r
    15·1 answer
  • The major drawback of most fad diets is:
    14·1 answer
  • S&L Financial buys and sells securities expecting to earn profits on short-term differences in price. On December 27, 2018,
    10·1 answer
  • When Beta Company bought Gamma Company, Beta sold off about 30% of Gamma’s assets because they did not need them. Beta kept only
    13·1 answer
  • How many times is income from a c corporation taxed if a retirement fund is the owner of the corporation's' stock?
    8·1 answer
  • The current pay period ends on Friday, January 2, yet the company's fiscal year-end is on Wednesday, December 31. If the company
    5·1 answer
  • A commercial real estate loan may take 90 days from the signing of the purchase and sale contract until loan closing. Therefore,
    6·1 answer
  • A wealthy art collector has decided to endow her favorite art museum by establishing funds for an endowment which would provide
    5·1 answer
  • The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses i
    14·1 answer
  • the four key problem-solving steps occurring during the agreement stage: brainstorm as many solutions as possible, develop an ac
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!