Correlation,a standardized measure of how stocks perform relative to one another in different states of the economy,has a range from ________.
A)0.0 to +10.0
B)0.0 to +1.0
C)-1.0 to +1.0
D)There is no range; correlation is a calculated number that can take on any value.

Question

Quizplus · Accepted Answer

Correlation ranges from -1.0 (perfect negative correlation) to +1.0 (perfect positive correlation), with 0 indicating no correlation.

Correlation,a Standardized Measure of How Stocks Perform Relative to One