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Business
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| Number of pages / Number of words: |
2 / 503 |
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To be precise, we should have used n
n??2COVAR(X; Y ) to adjust for losing
2 degrees of freedom in calculating the sample means of X and Y . For the purpose of
this course, however, we ignore this issue and simply use COVAR() to calculate covari-
ances. (Note that Excel functions VAR(X) and STDEV(X) have already adjusted for
unbiasedness...
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(Note that Excel functions VAR(X) and STDEV(X) have already adjusted for
unbiasedness. Hence, you will get slightly di_erent results for Excel function VAR(X)
and COVAR(X;X). Either one is _ne for this course.)
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