Question: Calculate the correlation coefficient (PAB) for the following situation: (Round intermediate calculations and the final answer to 4 decimal place, e.g. 0.2921.) State of the

Calculate the correlation coefficient (PAB) for
Calculate the correlation coefficient (PAB) 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 Expected return on economy occurrence stock A in this state stock B in this state High growth 30% 43.5% 60.5% Moderate 25% 22.5% 30.5% Recession 45% -10.5% -20.5% Correlation coefficient

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