Uptown Markets Stock Has a Standard Deviation of 16

question 38

Multiple Choice

Uptown Markets stock has a standard deviation of 16.8% and a covariance with the market of .02. The market has a standard deviation of 13.7%. What is the correlation of this stock with the market?

• A).743
• B).781
• C).869
• D).894
• E).915

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Definitions:

Sexually Available

A characterization often used inappropriately to describe a person's perceived willingness to engage in sexual activity.

Unfair Judgment

The act of forming an opinion or conclusion that is biased, unjust, or lacks impartiality.

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A journalist who investigates, collects, and presents information as news.

Inaccuracy

The quality of being incorrect or not precise, often leading to errors in understanding or representation.