Which Two Indices Had the Highest Correlation Between Them During

question 7

Multiple Choice

Which two indices had the highest correlation between them during the 2001-2006 period?

• A)S&P and DJIA; the correlation was 0.957
• B)S&P and Russell 2000 the correlation was 0.899
• C)DJIA and Russell 2000 the correlation was 0.758
• D)S&P and NYSE; the correlation was 0.973
• E)NYSE and DJIA; the correlation was 0.931

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Definitions:

Significant Figures

The number of digits in a value that contribute to its precision, typically starting with the first non-zero digit.

Percent

A mathematical term that represents a number as a fraction of 100.

Cent

A unit of currency used in several nations, equivalent to 1/100th of a dollar, euro, or similar decimal-based currency.

Significant Figures

The digits of a number that are meaningful in terms of accuracy or precision, important in scientific and mathematical calculations.