Correlation, a standardized measure of how stocks perform relative to

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.

 

 

ANSWER

Answer: C

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