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Covariance and Correlation is a branch that belongs to statistics. Statistics is a part of mathematical collection and analysis of data that is used to calculate and draw conclusions on the probable quantity. Covariance and Correlation is also one such part of statistics. To help students at zero hour of their assignments, 24X7assignmenthelp.com has come with a profitable offer for completing assignments on behalf of the students.
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Meaning of Correlation
A correlation coefficient calculates the way two variables change one another. It helps in determination of both the strength as well as direction of the relationship of variables used. The Covariance and Correlation assignment help members’ use appropriate tools and software to calculate the way variables affect one another.
Meaning of Covariance
A linear relationship of two given variables is determined by covariance. If a covariance is positive in nature then it means that, the variables are constant in the identical direction likewise, if variables are negative, it may be concluded that, the variables are not moving in the same direction.
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