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Much of a stock price's movement can be attributed to the overall market (a rising tide lifts all boats, so to speak). Using the entire data set for S&P 500 and Microsoft quarterly values (MicrosoftS&P500.xlsx attached), please answer the following questions.
-What is the correlation coefficient between the two variables and is it statistically significant?
-What is the regression equation?
-What would the value of Microsoft be if the S&P 500 was at 1,000?
-How much of the variation in Microsoft share price is explained by the S&P 500?
https://ecampus.wvu.edu/bbcswebdav/pid-7962895-dt-content-rid-91901509_1/xid-91901509_1
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