There are two states, "Sunny" (with probability 80%) and "Rainy" (with probability 20%). The return of Parasol is 20% wh
Posted: Sat Feb 26, 2022 9:12 am
There are two states, "Sunny" (with probability 80%) and "Rainy" (with probability 20%). The return of Parasol is 20% when sunny and -5% when rainy. The return of Umbrella is 0% when sunny and 10% when rainy. What is the correlation between Parasol and Umbrella? -1 1 Other