A portfolio manager is interested in reducing the risk of a particular portfolio by including assets that have little,if any,correlation.He wonders whether the stock prices for the firms Apple and Google are correlated.As a very preliminary step,he collects the monthly closing stock price for each firm from January 2012 to April 2012. 
a.Compute the sample correlation coefficient.
B)Specify the competing hypotheses in order to determine whether the stock prices are correlated.
C)Calculate the value of the test statistic and approximate the corresponding p-value.
D)At the 5% significance level,what is the conclusion to the test? Explain.
Definitions:
Gender Interactions
The ways in which individuals behave towards, communicate with, and perceive people of the same or different gender identities.
Critical Distance
Critical distance refers to the ability to analyze and evaluate a culture, society, or situation objectively, without allowing personal biases or assumptions to influence judgment.
Sociologists
Scientists who study the development, structure, and functioning of human society, including social relationships, institutions, and behaviors.
Macrosociological Theorists
Sociologists who focus on the study of large-scale social structures and processes, as opposed to individuals or small groups.
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