answersLogoWhite

0

as the covariance of the two random variables (X and Y) is used for calculating the correlation coeffitient of those variables it indicates that the relation between those (X and Y) is positive, so they are positively correlated.

User Avatar

Wiki User

14y ago

Still curious? Ask our experts.

Chat with our AI personalities

RossRoss
Every question is just a happy little opportunity.
Chat with Ross
JudyJudy
Simplicity is my specialty.
Chat with Judy
CoachCoach
Success isn't just about winning—it's about vision, patience, and playing the long game.
Chat with Coach

Add your answer:

Earn +20 pts
Q: What do positive values of covariance indicate?
Write your answer...
Submit
Still have questions?
magnify glass
imp