Question: Given the following retrospective data for year-to-year changes (%) in the NASDAQ index, along with the same metric for an individual stock of one of

Given the following retrospective data for year-to-year changes (%) in the NASDAQ index, along with the same metric for an individual stock of one of its own listings, Apple (AAPL), please answer the following questions: A) Develop a simple linear equation for the model of AAPL as a function of NASDAQ percent change, including the RS parameter. B) Calculate the Beta metric for AAPL relative to the NASDQ market. C) Briefly state your interpretation of these data. Annual % Change Year NASDAQ AAPL* 2009 19.05 13.28 2010 21.16 55.00 2011 3.49 36.26 2012 8.49 68.73 2013 30.37 -19.40 2014 16.24 38.59 2015 8.93 15.33 2016 1.09 2.66 2018 34.52 95.23 2019 11.52 1.24 2020 33.21 107.29 *Note these data were recorded in September of each respective year
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