Question: Explain correlation to your client. Calculate the estimated correlation between Blandy and Gourmange. Does this explain why the portfolio standard deviation was less than Blandy's
Explain correlation to your client. Calculate the estimated correlation between Blandy
and Gourmange. Does this explain why the portfolio standard deviation was less than
Blandy's standard deviation?
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Explanation of Correlation Correlation is a statistical measure that describes the strength and direction of a relationship between two variables It i... View full answer
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