PPT Slide

Year kM ki

1 15% 18%

2 -5 -10

3 12 16

.

.

.

kM

_

-5 0 5 10 15 20

20

15

10

5

-5

-10

Illustration of beta calculations:

Regression line:

ki = -2.59 + 1.44 kM

^

^

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