Question: Calculate the correlation coefficient ( AB ) for the following situation: (Round intermediate calculations and the final answer to 4 decimal place, e.g. 0.2921.) State
Calculate the correlation coefficient (AB) for the following situation: (Round intermediate calculations and the final answer to 4 decimal place, e.g. 0.2921.) 
State of the Probability of Expected return on stock A in this state Expected return on stock B in this state economy occurrence High growth 25% 46.0% 63.0% Moderate 20% 25.0% 33.0% Recession 55% - 13.0% -23.0% Correlation coefficient
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