Question: A study has found that there is zero correlation in daily closing share price changes and that the average of these share price changes has
A study has found that there is zero correlation in daily closing share price changes and that the average of these share price changes has an absolute value of $0.02. Given there is zero correlation in these closing daily share price changes and that the last two daily closing share prices have been $9.72 yesterday and $9.70 today, the closing share price tomorrow is expected to be:
a. Equally likely to be $9.72 or $9.70.
b. $9.72.
c. $9.70.
d. $9.68.
e. $9.74
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