How To Calculate The Covariance Between X and Y - Statistics

This statistics video tutorial explains how to calculate the covariance between x and y. It also explains the significance of negative covariance vs positive covariance.
Correlation Coefficient: • Correlation Coefficient
Covariance and Correlation Coefficient:
• How To Calculate The C...
How To Calculate Covariance:
• How To Calculate The C...
Least Squares Method:
• Linear Regression Usin...
Averages and Uncertainty:
• Averages and Uncertain...
_____________________________
Introduction to Statistics:
• Introduction to Statis...
Mean, Median, Mode, & Range:
• Mean, Median, Mode, an...
Arithmetic, Geometric, & Harmonic Mean:
• Arithmetic Mean, Geome...
Interquartile Range & Outliers:
• How To Find The Interq...
Standard Deviation:
• How To Calculate The S...
_______________________________
Introduction to Probability:
• Introduction to Probab...
Probability Formulas:
• Probability Formulas, ...
Conditional Probability:
• Conditional Probabilit...
Probability Tree Diagrams:
• Probability Tree Diagrams
Probability - Standard Normal Distributions:
• Standard Normal Distri...

[@TheOrganicChemistryTutor]

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[@LindaBacon-lv4qn]

Learning how to calculate the covariance between two variables, X and Y, felt like unlocking a secret code in statistics. The process involves multiplying the differences of each variable from their respective means and averaging them out. It's like peeking into the relationship between X and Y, revealing whether they move together or in opposite directions.

[@hjeijj5360]

do u know when to use sample covariance formula and when to use population covariance formula?

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[@hjeijj5360]

hello guys, i have a question hopefully someone can answer in a way i can understand, but when do i use sample covariance and when do i use population covariance? thank you

[@v0idthrashtilldeath127]

Can anyone explain how to solve this in a theoretical form for Econometrics, since I don't have numbers and it all solved theoretically.

[@tanyamusaidzi9911]

感谢

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0:56 Why this differene in formula for sampe and population ?

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@@djdanzo206 no, I had read I just wasn't fully convinced on my covariance. So I watched him the previous night

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