The systematic response coefficient for productivity, $\beta$_p, would produce an unexpected change in any security return of __ $\beta$_Pif the expected rate of productivity was 1.5% and the actual rate was 2.25%. A)0.75% B)-0.75% C)2.25% D)-2.25% E)1.5%

Question

Quizplus · Accepted Answer

The unexpected change in productivity is the difference between the actual rate and the expected rate, which is 2.25% - 1.5% = 0.75%. The systematic response coefficient $\beta$_p would produce an unexpected change in any security return of 0.75% times $\beta$_p.

The Systematic Response Coefficient for Productivity β\betaβ p, Would Produce an Unexpected Change in Any Security Return

The Systematic Response Coefficient for Productivity $\beta$ _p, Would Produce an Unexpected Change in Any Security Return