Determine the correlation between these two securities

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Question - You are analyzing two normal distributions. Distribution A has a mean value of 11.00%, while Distribution B has a mean value of 10.00%. You find that there is a 6.0 percent probability that Distribution A will have a return less than zero, while there is a 12.0 percent probability that Distribution B will have a value less than zero. Determine the correlation between these two securities if their covariance is 0.001505.

Reference no: EM133149108

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