Question

11. In a bivariate data Cov(X,Y)=V(X)=V(Y). Find Yxy and conclude.​

Answer 1

Answer:

Explanation:

Consider two random variables X and Y. Here, we define the covariance between X and Y, written Cov(X,Y). The covariance gives some information about how X and Y are statistically related. Let us provide the definition, then discuss the properties and applications of covariance.