THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 57

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Consider the following (x,y)sample data: (53,37),(34,26),(10,29),(63,55),(28,36),(58,48),(28,41),(50,42),(39,21),and (35,46).
-Calculate the variances
and
and the covariance s_xy of the sample data.

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the ownership interest of shareholders.

Financial Statements

Compiled financial data reports that reflect a company's financial condition, performance, and cash flow, including balance sheet, income statement, and statement of cash flows.

Retained Earnings

The cumulative amount of net income earned by a company that is kept or retained within the company for future use, rather than being paid out as dividends.

Total Assets

The sum of all assets owned by a company, including both current and non-current assets, as represented on the balance sheet.