What is the difference between covariance and variance of two variables x&y?
Nakul Dixit
CA Final
★ 4K+
08-Sep-22 15:59
387
Answers (2)
Variance is computed for a single variable and co-variance is the combined variance of two variables over the same period.
Sriram Somayajula
Admin
08-Sep-22 16:52
Variance refers to the spread of a data set around its mean value, while a covariance refers to the measure of the directional relationship between two random variables.
