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

 Calculate the correlation coefficient (pap) for the following situation (Round intermediate

Calculate the correlation coefficient (pap) for the following situation (Round intermediate calculations and the final answer to 4 decimal place. es. 0.2921) State of the economy Probability of occurrence Expected return on stock A in this state Expected return on stock B in this state High growth 3096 48.596 65.596 Moderate 255 27.596 35.596 Recession 4556 15.596 -25.5% Correlation coefficient

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