COVARIANCE

Pronunciation (US):

(GB):

 Dictionary entry overview: What does covariance mean? 

• COVARIANCE (noun)
  The noun COVARIANCE has 1 sense:

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

  Familiarity information: COVARIANCE used as a noun is very rare.

 Dictionary entry details 

• COVARIANCE (noun)

Sense 1

Meaning:

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

Classified under:

Nouns denoting cognitive processes and contents

Hypernyms ("covariance" is a kind of...):

variance (the second moment around the mean; the expected value of the square of the deviations of a random variable from its mean value)

Domain category:

statistics (a branch of applied mathematics concerned with the collection and interpretation of quantitative data and the use of probability theory to estimate population parameters)

Derivation:

co-vary (vary in the same time period (of two random variables))

covariant (changing so that interrelations with another variable quantity or set of quantities remain unchanged)

covariation ((statistics) correlated variation)