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covarianceOne entry found for covariance. Main Entry: co·vari·ance Pronunciation: "kO-'ver-E-&n(t)s, 'kO-" Function: noun 1 : the expected value of the product of the deviations of two random variables from their respective means 2 : the arithmetic mean of the products of the deviations of corresponding values of two quantitative variables from their respective means
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