Share with your friends
hdshahin01

Call

In probability theory, the law of total covariance, covariance decomposition formula, or conditional covariance formula states that if X, Y, and Z are random variables on the same probability space, and the covariance of X and Y is finite, then

The nomenclature in this article's title parallels the phrase law of total variance. Some writers on probability call this the "conditional covariance formula" or use other names.

Note: The conditional expected values E and E are random variables whose values depend on the value of Z. Note that the conditional expected value of X given the event Z = z is a function of z. If we write E = g then the random variable E is g. Similar comments apply to the conditional covariance.

Talk Doctor Online in Bissoy App