The following table shows the annual returns (in %) for two of Putnams mutual funds: the Voyager
Question:
The following table shows the annual returns (in %) for two of Putnam’s mutual funds: the Voyager Growth Fund and the George Putnam Balanced Fund.
a. Calculate and interpret the covariance.
b. Calculate and interpret the correlation coefficient.
Transcribed Image Text:
Year Growth Balanced 2011 -17.76 2.71 14.39 2012 12.36 43.93 2013 17.76 10.48 2014 9.55 2015 4.25 -1.11
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Related Book For
Business Statistics Communicating With Numbers
ISBN: 9781259957611
3rd Edition
Authors: Sanjiv Jaggia
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