- Book Chapter
- 10.1002/0470013192.bsa150
Covariance/Variance/Correlation
- Apr 15, 2005
- Encyclopedia of Statistics in Behavioral Science
- Joseph Lee Rodgers
Abstract In this entry, I describe the covariance, variance, and correlation, each in a common framework that allows their interrelationships to be apparent. Specifically, the covariance is the uniting concept, within which the variance and correlation are special cases. Following separate treatments, I present a formula that explicitly shows the relationships between the three indices. Finally, I briefly describe the role of each in Structural Equations Modeling (SEM).
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