What's the difference/relation between covariance and correlation
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Here is your answer buddy,
The difference between covariance and correlation are as follows :-
COVARIANCE
Covariance is a measure of how much two random variables vary together. It’s similar to variance, but where variance tells you how a single variable varies, covariance tells you how two variables vary together.
Note: co = together, variance = vary
CORRELATION
Correlation: it’s a measure of how things are related. The study of how variables are correlated is called correlation analysis.
Some examples of data that have a high correlation:
Your caloric intake and your weight.Your eye color and your relatives’ eye colors.The amount of time your study and your GPA.
Hope this helps you.
Be Brainly.
The difference between covariance and correlation are as follows :-
COVARIANCE
Covariance is a measure of how much two random variables vary together. It’s similar to variance, but where variance tells you how a single variable varies, covariance tells you how two variables vary together.
Note: co = together, variance = vary
CORRELATION
Correlation: it’s a measure of how things are related. The study of how variables are correlated is called correlation analysis.
Some examples of data that have a high correlation:
Your caloric intake and your weight.Your eye color and your relatives’ eye colors.The amount of time your study and your GPA.
Hope this helps you.
Be Brainly.
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