The following table displays the joint probability distribution of the returns (%) on investment for two startup companies Welaugh and SpaceAce. (e.g -2 in the table means if the startup SpaceAce falls, the return on investment for SpaceAce is -40% ) SpaceAce 40% 430% WeLaugh 10% X 40% 1. What is the value of x? 2. The expected return on investment for WeLaugh is (Note: if the answer is 2.4%, put in 0.024). 3. The covariance between the returns on investment for WeLaugh and SpaceAce is 4, If you invest \\(25)\\) million euros in SpaceAce and \\((30]() million euros in Welaugh, [ Please ignore these symbols: "\\{ and 7\\" use the numbers inside ] - (a) How many million euros this portfolio is expected to generate? Answer million, - (b) The variance of this portfolio is million 5. Are the returns on investment for SpaceAce and WeLaugh statistically independent