Compute the covariance and correlation coefficient

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Reference no: EM132202133

Returns from two projects X and Y were recorded as follows

X 5 8 2 7 5.5

Y 7 2 9 3.5 8

(a) Compute the mean return and the standard deviation of each project

(b) Compute the covariance and correlation coefficient of these returns and comment on the results.

Reference no: EM132202133

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