题目
A regression of a stock's return (in percent) on an industry index's return (in percent) provides the following results:「huixue_img/importSubject/1564169388368728064.jpeg」Which of the following statements regarding the regression is incorrect?
选项
A.The correlation coefficient between the X and Y variables is 0.889.
B.The industry index coefficient is significant at the 99% confidence interval.
C.If the return on the industry index is 4%, the stock's expected return is 9.7%.
D.The variability of industry returns explains 21% of the variation of company returns.
答案
D
解析
「huixue_img/importSubject/1564169388414865408.png」