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Question 40 Calculate the correlation coefficient (PAB) for the following situation: (Round intermediate calculations and...

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Question 40 Calculate the correlation coefficient (PAB) for the following situation: (Round intermediate calculations and the final answer to 4 decimal place, e.g. 0.2921.) State of the Probability of Expected return on Expected return on economy occurrence stock A in this state stock B in this state High growth 30% 45.5% 62.5% Moderate 25% 24.5% 32.5% Recession 45% -12.5% -22.5% Correlation coefficient

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