Question: Based on the following stock return information for Apple and Tesla, State of Economy Return on Apple Return on Tesla Probability of State of Economy

Based on the following stock return information for Apple and Tesla,

Based on the following stock return information for Apple and Tesla, State

State of Economy Return on Apple Return on Tesla Probability of State of Economy .21 .56 .23 Sick Normal Healthy .029 .129 .209 .025 .053 .083 The correlation between the returns of the two stocks is: (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) 0.9643 0.0004 0.0193 0.0806 0.0015

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