Main Profile

At A Glance

E1.6. Some Useful Properties of Covariance (Econometrics Math)

In this video, I use the formula for covariance to demonstrate logically some of the more useful properties of covariance. In particular, I demonstrate that the covariance of a random variable with itself is the variance. I also show why covariance is symmetric and linear. Finally, I conclude by showing why the computational form for covariance is equivalent to its definition.
Length: 06:06

Contact

Questions about E1.6. Some Useful Properties of Covariance (Econometrics Math)

Want more info about E1.6. Some Useful Properties of Covariance (Econometrics Math)? Get free advice from education experts and Noodle community members.

  • Answer

Ask a New Question