Using the data from Table 11.3,

 

what is the covariance between the stocks of Alaska Air and Southwest Airlines?

Alaska Southwest Ford General Microsoft HP Air Airlines Motor Kellogg Mills Volatility (Standard Deviation) 31% 35% 37% 32% 46% 19% 17% Correlation with Microsoft 1.00 0.39 0.19 0.21 0.27 0.07 0.10 HP 0.39 1.00 0.29 0.35 0.28 0.10 0.04 Alaska Air 0.19 0.29 1.00 0147 0.20 0.16 0.17 Southwest Airlines 0:21 0.35 01.47 1.00 031 0.17 0.18 Ford Motor 0.27 0.28 0.20 031 1.00 0.19 0.09 Kellogg 0.07 0.10 0.16 0.17 0.19 1.00 0.54 General Mills 0.10 0.04 0.17 0.18 0.09 0.54 1.00