The file StockComparison contains monthly adjusted stock prices for technology company Apple, Inc., and consumer-goods company Procter

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The file StockComparison contains monthly adjusted stock prices for technology company Apple, Inc., and consumer-goods company Procter & Gamble (P&G) from 2013–2018. 

a. Develop a scatter diagram with Apple stock price on the horizontal axis and P&G stock price on the vertical axis. 

b. What appears to be the relationship between these two stock prices? 

c. Compute and interpret the sample covariance. 

d. Compute the sample correlation coefficient. What does this value indicate about the relationship between the stock price of Apple and the stock price of P&G?

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Related Book For  answer-question

Statistics For Business & Economics

ISBN: 9781337901062

14th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

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