Question: no excel please, need to know this by hand, thank you! Market Conditio Probabil ity Asset 1 Asset 2 Asset 3 Rainfall Probabil ity Asset
no excel please, need to know this by hand, thank you!
Market Conditio Probabil ity Asset 1 Asset 2 Asset 3 Rainfall Probabil ity Asset 4 n Good 1/4 16 4 20 Plentiful 1/3 16 Average 1/2 12 6 14 Average 1/3 12 Bad 1/4 00 00 00 Light 1/3 CO 8 The returns of Assets 1, 2, and 3 depend on the market condition only. The return of Asset 4 depends on rainfall only. Assume that there is no relation between the market condition and rainfall. What's the correlation between Asset 3 and 4? Ao B 0.5 1 D) -1
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