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Between 1998 and 2008, the Standard Deviation of the Returns

question 19

Multiple Choice

Between 1998 and 2008, the standard deviation of the returns for the NYSE and the DJIA indexes were 0.10 and 0.09, respectively, and the covariance of these index returns was 0.0009. What was the correlation coefficient between the two market indicators?


Definitions:

Stem the Tide

A phrase meaning to stop the flow or growth of something typically undesirable or harmful.

Communism

A political and economic ideology advocating for a classless society in which all property and resources are communally owned, and each person works and is compensated according to their abilities and needs.

Measure Progress

The processes and methods used to assess the advancement or development of societies, economies, or individuals towards specific goals.

Body Count

The total number of killed, wounded, or missing individuals in a particular event, often used in the context of military conflicts or disasters.

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