Covariance

Rarely Tested

Covariance

The covariance of X and Y is:

$$\operatorname{Cov}(X,Y)=E[(X-E[X])(Y-E[Y])]$$

Usage

- Used to measure the direction of linear association between random variables.

---

No related questions available for this formula yet.

Go back to topics

Join CAT 2026 course by 5-Time CAT 100%iler

Start your IIM journey with the right preparation and crack CAT 2026.