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Posted by on Sunday, October 26, 2008 at 7:53pm.

What is the difference between covariance of two variables and the correlation coefficient of two variables?

  • Stats - , Sunday, October 26, 2008 at 8:10pm

    covariance is the variance of two random variables during the same time period. Random means they are random, not coorelated. Correlation coefficent is the measure of how two somehow linked variables are linked.

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