The following table exhibits the monthly rate of return of S&P 500 and American Express. Use the

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The following table exhibits the monthly rate of return of S&P 500 and American Express. Use the MINITAB program to:

(a) Calculate the mean and standard deviation of both returns.

(b) Calculate the correlation coefficient between these two sets of monthly returns.

(c) Explain the results you get from the two questions above. image text in transcribed

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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Question Posted: Feb 10, 2024 01:16 PM

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The following table exhibits the monthly rate of return of S&P 500 and American Express. Use the

Question:

1989 9 10 11 S&P 500 -.65 -2.52 16.54 AMEX -2.69 12.73 -2.97

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Statistics For Business And Financial Economics

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