## What is Covariance in statistics: How to use it in excel and how it is different from correlation

What is Covariance in statistics Covariance is a mathematical or statistical tool which measures the relationship between two random variables. …

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What is Covariance in statistics Covariance is a mathematical or statistical tool which measures the relationship between two random variables. …

Correlation and Regression What is a correlation: Correlation is a test in statistics to get to know if there is …

Correlation and Regression: When to use these 2 in analysis Read More »

An absolute measure of dispersion is one that measures dispersion in terms of the same units as the unit of data. if the unit of data is meter, kilogram or mile then measure of dispersion will be in the same unit.

What are measures of central tendency? A measure of central tendency is a single value that attempts to describe a set of …

What are measures of central tendency: How to calculate it in Excel? Read More »

What is Data Data are basically units of information that are usually numeric. Technically it is a set of values …

What is Data: 2 types of data and their general understanding Read More »