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You may attempt this question 2 more times for credit. The return on the Rush Corporation in the state of recession is estimated to be
You may attempt this question 2 more times for credit. The return on the Rush Corporation in the state of recession is estimated to be 22% and the return on Rush in the state of boom is estimated to be 33%. The return on the Oberman Corporation in the state of recession is estimated to be 40% and the return on Oberman in the state of boom is estimated to be 18%. Given this information, what is the covariance between Rush and Oberman if there is a 0.70 probability that the economy will be in the state of boom and a 0.30 probability that the economy will be in the state of recession. Place your answer in decimal form and not as a percentage
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