Question

For Questions 1-2, use table below. It is data for two stocks over 30 days (it is sample data).

Day	High stock	Sky stock	Day	High stock	Sky stock
1	27	60	16	43	39
2	33	57	17	45	37
3	34	56	18	46	35
4	35	55	19	47	34
5	36	54	20	47	32
6	37	51	21	48	29
7	38	50	22	50	26
8	38	47	23	50	26
9	39	47	24	50	25
10	42	47	25	53	24
11	42	45	26	54	24
12	42	45	27	54	24
13	42	42	28	54	22
14	42	41	29	55	22
15	43	40	30	55	21

1. Which of the two stocks is the most consistent?
   1. High
   2. Big Sky
   3. Cannot compute CV with less than 100 data points
   4. Not sufficient data to compute the CV

2. What is the Covariance between the two stocks?
   1. -0.98
   2. 0.98
   3. -89.43
   4. 89.43

Answer 1