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The correlation coefficient can be used as its own test statistic,but what is the other appropriate test statistic often used to examine the significance of a correlation?
IPO
Initial public offering. Stock in a new company offered to the public for the first time. Such stock tends to make a volatile, high-risk investment.
Mutual Funds
Investment programs funded by shareholders that trade in diversified holdings and are managed by professional investment managers.
Institutional Investors
Organizations that invest large volumes of money in securities, real estate, and other investment assets, including pension funds, insurance companies, and banks.
Goes Public
The process by which a privately-held company offers its shares to the public for the first time, through an initial public offering (IPO).
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