An analyst is interested in the relationship between the returns of two stocks. Below are the

stock prices at the end of each year.

Using the table above $($Please show your work, do not use excel$)$:

Calculate the returns for the years $2017$ to $2023$

Calculate the mean returns for IBM and AAPL stocks.

Calculate the variances of IBM's returns and AAPL's returns.

Calculate the standard deviations of IBM's and AAPL's returns.

Calculate the covariance between IBM's and AAPL's returns.

Calculate the correlation coefficient between IBM's and AAPL's returns.