Examlex
With two random variables x and y, a positive covariance says that as x increases, y tends to increase in a linear fashion.
Crude Oil Prices
The cost per barrel of crude oil on the commodities market, which fluctuates due to various factors including supply and demand, geopolitical events, and market speculation.
Median Price
The middle value in a list of prices, where half the prices are higher and half are lower.
Statistical Measures
Quantitative values that summarize and provide information about a set of data.
Characterize
To describe the distinctive qualities or features of something or someone.
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