Exercise: Correlation Analysis
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1. Question
Correlation Analysis Exercise
Data File: Correlation.MTW
The stock broker reviewed the run charts pictured below of Company A and Company B, and based on the charts, now wants to quantify the strength of the linear relationship between the two companies. Use the “Correlation.MTW” data set to perform a correlation analysis between the two companies.
Question:
How would you characterize the relationship between the two companies’ stock prices?
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