Statistics for investing. Investment reports now often include correlations.Following a
Chapter 0, Problem 4.31(choose chapter or problem)
Statistics for investing. Investment reports now often include correlations.Following a table of correlations among mutual funds, a report adds: Two fundscan have perfect correlation, yet different levels of risk. For example, Fund A andFund B may be perfectly correlated, yet Fund A moves 20% whenever Fund Bmoves 10%. Write a brief explanation, for someone who knows no statistics, ofhow this can happen. Include a sketch to illustrate your explanation.
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