You Observe the Following Scatterplot of Ford's Weekly Returns Against

You observe the following scatterplot of Ford's weekly returns against the S&P 500.Which of the following statements is TRUE about Ford's beta against the S&P 500?

A) Ford's beta appears to be positive.
B) Ford's beta appears to be negative.
C) Ford's beta appears to be zero- there is no apparent relation between its return and the S&P return.
D) Ford's beta appears to be highly negative.
E) Beta has nothing to do with the relationship seen in this scatterplot.

Correct Answer:

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