Uptown Markets Stock Has a Standard Deviation of 16

question 25

Multiple Choice

Uptown Markets stock has a standard deviation of 16.8 percent and a covariance with the market of .0178.The market has a standard deviation of 13.6 percent.What is the correlation of this stock with the market?

• A).74
• B).78
• C).87
• D).89
• E).91

---

Definitions:

Cause Marketing

A collaboration between a for-profit business and a nonprofit organization for mutual benefit, often integrating social issues into marketing campaigns.

Change Human Behavior

The process of altering individuals' actions, habits, or attitudes towards more desired outcomes for personal or collective benefit.

Social

Related to society, its organization, or the interactions and relationships within it.

Integrated Marketing Communication

A strategic approach that combines various marketing channels and tools in a cohesive manner to promote a consistent message about a brand or product.