Which Two Indices Had the Highest Correlation Between Them During

question 51

Multiple Choice

Which two indices had the highest correlation between them during the 2008-2012 period?

• A) S&P and DJIA; the correlation was 0.979
• B) S&P and Russell 2000; the correlation was 0.948
• C) DJIA and Russell 2000; the correlation was 0.908
• D) S&P and NASDAQ 100; the correlation was 0.928
• E) NASDAQ 100 and DJIA; the correlation was 0.876

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Definitions:

Confidence Interval

A range of values that is used to estimate the true value of a population parameter with a certain level of confidence.

Standard Deviation

An index used to assess the extent of variation or scatter among data points.

Sample Size

The number of observations or individuals in a subset collected from a population for the purposes of statistical analysis.

Confidence

The degree of certainty or trust in a particular outcome or result, often expressed in terms of probability.