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Refer to Fig. 3-2. Vector as expressed in terms of vectors
and
is given by
COV
A statistical measure expressed as a coefficient indicating the relative dispersion of a dataset or the ratio of the standard deviation to the mean.
Coefficient Of Correlation
A statistical measure that quantifies the degree to which two variables' movements are associated, ranging from -1 to 1.
COV
Coefficient of Variation, a standardized measure of the dispersion of a probability distribution or frequency distribution.
Bivariate Distribution
A probability distribution describing two random variables and how their probabilities are distributed over different ranges of values.
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