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2-25 The scatter chart in the following figure was created using sample data for profits and market capitalizations from a sample of firms in the

2-25 The scatter chart in the following figure was created using sample data for profits and market capitalizations from a sample of firms in the Fortune 500. Click on the webfile logo to reference the data. (Data below) (b The data used to produce this are contained in the file Fortune500. ) Calculate the covariance between profits and market capitalization. If required, round your answer to three decimal places. Answer = (c Calculate the correlation coefficient between profits and ) market capitalization. If required, round your answer to four decimal places. Answer = Company Alliant Techsystems Amazon.com AmerisourceBergen Profits ($ millions) 313.20 631.00 706.60 Market Capitalization ($ millions) 1891.90 81458.60 10087.60 Avis Budget Group Boeing Cardinal Health Cisco Systems Coca-Cola ConocoPhillips Costco Wholesale CVS Caremark Delta Air Lines Fidelity National Financial FMC Technologies Foot Locker General Motors Harley-Davidson HCA Holdings Kraft Foods Kroger Lockheed Martin Medco Health Solutions Owens Corning Pitney Bowes Procter & Gamble Ralph Lauren Rockwell Automation Rockwell Collins United Stationers United Technologies UnitedHealth Group -29.00 4018.00 959.00 6490.00 8572.00 12436.00 1462.00 3461.00 854.00 369.50 399.80 278.00 9190.00 599.10 2465.00 3527.00 602.00 2655.00 1455.70 276.00 617.50 11797.00 567.60 697.80 634.00 109.00 4979.00 5142.00 1175.80 55188.80 14115.20 97376.20 157130.50 95251.90 36461.20 53575.70 7082.10 3461.40 12520.30 3547.60 32382.40 8925.30 9550.20 65917.40 13819.50 26651.10 21865.90 3417.80 3681.20 182109.90 12522.80 10514.80 8560.50 1381.60 66606.50 53469.40

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