The Correlation Coefficient Measures the

question 76

Multiple Choice

The correlation coefficient measures the

• A)rate of return of individual stocks.
• B)direction of movement of the return of individual stocks.
• C)degree to which the returns of two stocks move together.
• D)degree of s unique risk present in the standard deviations of a pair of stocks.

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Definitions:

Solid-state Proximity Sensor

A sensor that detects the presence of an object without physical contact, using solid-state electronics for high reliability and durability.

Weight Strain Gauges

Devices that measure the weight of an object by converting the deformation (strain) of a structure under load into an electrical signal.

Temperature

A physical quantity representing the degree of hotness or coldness of an object or substance, typically measured in degrees Celsius, Fahrenheit, or Kelvin.