A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 3 Home / Browse C / Covariance Covariance Advanced EN Share Print Measures joint variability between variables. AdvertisementAd space — term-top Definition Full Definition Measures joint variability between variables. Keywords dependency Domains Probability & Statistics Related Terms Correlation related to Normalized covariance. Law of Large Numbers related to Sample mean converges to expected value. Central Limit Theorem related to Sum of independent variables converges to normal distribution. Likelihood Function related to Probability of data given parameters. Random Variable related to Variable whose values depend on chance. Probability Distribution related to Describes likelihoods of random variable outcomes. Expectation related to Average value under a distribution. Variance related to Measure of spread around the mean.