0 like 0 dislike
343 views
What is the difference between covariance and correlation coefficient?
| 343 views

0 like 0 dislike

Covariance:

• The covariance is a measure of the linear association between two variables.

Correlation Coefficient:

• The Pearson correlation coefficient can take on values between $-1$ and $+1$.
• Positive values indicate a positive relationship.
• Negative values indicate a negative relationship.
• The closer the correlation is to zero, the weaker the relationship.
by Diamond (89,175 points)

0 like 0 dislike
1 like 0 dislike
1 like 0 dislike
3 like 0 dislike
1 like 0 dislike
0 like 0 dislike
0 like 0 dislike
0 like 0 dislike
0 like 0 dislike
0 like 0 dislike
0 like 0 dislike
0 like 0 dislike
0 like 0 dislike
1 like 0 dislike