Asked by Batuhan Serin on Sep 26, 2024

If X and Y are two variables with E(XY)= 10.56,E(X)= 4.22,and E(Y)= 5.34,then COV(X,Y)= 1.0.

COV

COV refers to the coefficient of variation, a statistical measure of the relative dispersion or variability of a data set relative to its mean, expressed as a percentage.

  • Acquire the ability to comprehend and employ the concept of covariance and correlation when dealing with bivariate distributions.