Year      AT&T Stock Returns       Market Index Returns  1                         8                                        6  2                         7                                        3  3                         10                                     12  4                         14                                     13  5                         8                                        9                                             Compute the correlation coefficient between AT&T and the Market Index. Enter answer using 3 decimal places. Example 0.123

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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Year      AT&T Stock Returns       Market Index Returns

 1                         8                                        6

 2                         7                                        3

 3                         10                                     12

 4                         14                                     13

 5                         8                                        9

                                           

Compute the correlation coefficient between AT&T and the Market Index.

Enter answer using 3 decimal places. Example 0.123

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