Examlex
Which of the following statements is most plausible?
Covariance
A measure that indicates the extent to which two variables change together, but does not indicate the strength of their relationship.
Independent
Not influenced by or dependent on another variable; in statistics, it often means that the occurrence of one event does not affect the probability of another event.
COV(X,Y)
Covariance between two variables X and Y, measuring the extent to which the variables change together and indicating the direction of their linear relationship.
Marginal Probability
The probability of occurring of a single event without consideration of any other events; it’s the likelihood of a single outcome.
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