covariance Synonyms

No Synonyms and anytonyms found

covariance Meaning

Wordnet

covariance (n)

(statistics) the mean value of the product of the deviations of two variates from their respective means

covariance Sentence Examples

1. Covariance measures the degree to which two random variables change together.
2. In statistics, covariance indicates the direction of the linear relationship between two variables.
3. A positive covariance implies that when one variable increases, the other tends to increase as well.
4. Negative covariance suggests that when one variable increases, the other tends to decrease.
5. Covariance is used to assess the strength and direction of association between variables in a dataset.
6. The covariance matrix provides a comprehensive view of the relationships among multiple variables.
7. When calculating covariance, deviations from the mean of each variable are multiplied and averaged.
8. Covariance is influenced by the scale of the variables; thus, it's often standardized to facilitate comparison.
9. Zero covariance indicates no linear relationship between variables.
10. Understanding covariance is essential in various fields, including finance, economics, and data analysis.

FAQs About the word covariance

What is the meaning of the word covariance

(statistics) the mean value of the product of the deviations of two variates from their respective means

What are the synonyms of the word covariance

No synonyms found.

What are the antonyms of the word covariance

No antonyms found.

What is the usage of word covariance

Covariance measures the degree to which two random variables change together.

In statistics, covariance indicates the direction of the linear relationship between two variables.

How to use the word covariance in a sentence?

A positive covariance implies that when one variable increases, the other tends to increase as well.

Negative covariance suggests that when one variable increases, the other tends to decrease.