If the correlation between the price of Microsoft stock and the price of an Xbox is 1,

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If the correlation between the price of Microsoft stock and the price of an Xbox is 1, could you predict the price of an Xbox from knowing the price of Microsoft stock? How well?

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Statistics For Business Decision Making And Analysis

ISBN: 9780134497167

3rd Edition

Authors: Robert A. Stine, Dean Foster

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Question Posted: Nov 29, 2018 04:52 AM

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If the correlation between the price of Microsoft stock and the price of an Xbox is 1,

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Yes You could predict the price ...View the full answer

Statistics For Business Decision Making And Analysis

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