What is another word for covariance?

Pronunciation: [kˈɒve͡əɹˌi͡əns] (IPA)

Covariance is a statistical concept that refers to the measure of the relationship between two variables. When the covariance value is high, it means that the two variables are strongly related, while a low covariance value indicates that the variables are not correlated. There are several synonyms for covariance, including correlation, co-variation, joint variance, and dependence. These terms are interchangeably used in statistics to represent the relationship between two variables. Understanding the concept of covariance and its synonyms is essential in analyzing data and drawing conclusions about the relationship between variables. It is also critical in making informed decisions in various fields, such as finance and engineering.

What are the paraphrases for Covariance?

Paraphrases are restatements of text or speech using different words and phrasing to convey the same meaning.
Paraphrases are highlighted according to their relevancy:
- highest relevancy
- medium relevancy
- lowest relevancy
  • Other Related

    • Proper noun, singular
      ANCOVA.

What are the hypernyms for Covariance?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Covariance?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.
  • hyponyms for covariance (as nouns)

Related words: covariance formula, covariance matrix, covariance 𝑛², covariances of stock portfolio

Related questions:

  • What is covariance?
  • Does covariance mean?
  • What is the covariance of two variables?
  • What is the covariance of variables?
  • Word of the Day

    Public Health Service US
    The Public Health Service US is a healthcare organization that aims to improve the health and well-being of Americans. However, there are some antonyms that can be associated with ...