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Using the entire table (attached) for all 145 firms with the CEO compensation and TARP funds data, please answer the following questions. What is the

Using the entire table (attached) for all 145 firms with the CEO compensation and TARP funds data, please answer the following questions.

  1. What is the covariance between CEO compensation and TARP funding?
  2. What is the correlation coefficient between CEO compensation and TARP funding and is it statistically significant?

In your answer please provide the relevant statistics, an explanation for your conclusion(s), and a graph of the data.

CEOCompTarp.xlsx

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