Consider the table below, which describes the rate of economic growth (X) and the rate of return on the S&P (Y). Assume that X & Y are discrete random variables. Economic S&P Returns, Growth, % % Y...

Extracted text: Consider the table below, which describes the rate of economic growth (X) and the rate of return on the S&P (Y). Assume that X & Y are discrete random variables. Economic S&P Returns, Growth, % % Y 4.8 3.8 3.5 4.6 4.2 7.2 3.6 5.1 a) of the S&P and economic growth Compute the covariance between the returns b) Compute the correlation coefficient and interpret your findings