Answer: 0.1865

The correlation coefficient is calculated using the formula: $$\text{Corr}(R_x, R_y) = \frac{\text{Cov}(R_x, R_y)}{\sigma(R_x)\sigma(R_y)}$$ First, we need to find the standard deviations from the variances: - $\sigma(R_x) = \sqrt{0.69} = 0.8306$ - $\sigma(R_y) = \sqrt{0.36} = 0.6$ Now plug into the correlation formula: $$\text{Corr}(R_x, R_y) = \frac{0.093}{0.8306 \times 0.6} = \frac{0.093}{0.49836} = 0.1865$$ Therefore, the correlation coefficient is 0.1865, which corresponds to option B.

Author: Tanishq Prabhu