Question: Use the information from this table to calculate the correlation coefficient for the assets. Return on Return on State of Economy Probability of State Asset

Use the information from this table to calculate the correlation coefficient for the assets. Return on Return on State of Economy Probability of State Asset Asset Boom 30% 5% 24% Growth 40% 5% 12% Stagnant 20% 5% 4% Recession 10% 5% -10%
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