Calculate the correlation in daily adjusted close and volume

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Show the code in R Programming language.

Question a: Calculate the correlation between daily Adjusted Close (`Adj Close`) and the Volume.

Question b: Develop a new variable return, defined as the percentage change of a day's Adjusted Close compared to last trading day's Adjusted Close. That is, return(t) = 100* (Adj Close(t) - Adj Close(t-1))/Adj Close(t-1).

Calculate the five number summary of the return using the summary() function.

Hint: The easiest way to get the previous trading day's Adj Close value is using the lag() function in the tidyverse package. Import the package first before using the lag() function.

Reference no: EM132355740

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