Which of the following provides a measure of the extent to which returns tend to move together or have no relationships?
A)The coefficient of determination
B)The variance
C)The coefficient of variation
D)The coefficient of correlation

Question

Quizplus · Accepted Answer

The coefficient of correlation measures the extent to which returns tend to move together or have no relationships. The coefficient of determination (A) is related to the coefficient of correlation, but it measures the portion of the variance in one variable that is explained by the other variable. The variance (B) measures how spread out a set of data is from its mean, while the coefficient of variation (C) measures the ratio of the standard deviation to the mean, indicating the relative variability of the data.

Which of the Following Provides a Measure of the Extent