![[MINI] Covariance and Correlation](https://static.libsyn.com/p/assets/2/b/d/1/2bd1713290199214/covariance_correlation.png)
Audio is streamed directly from the publisher (pscrb.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
The degree to which two variables change together can be calculated in the form of their covariance. This value can be normalized to the correlation coefficient, which has the advantage of transforming it to a unitless measure strictly bounded between -1 and 1. This episode discusses how we arrive at these values and why they are important.