The degree to which two variables are correlated. That is, covariance is the measure of how much two variables are related to one another. It is important in security analysis to determine how much or how little price movements in two companies or industries are connected.
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Letâs have a look at some statistics about the proliferation of video games and the distribution of this population segment. Of that 65% of the US population, 18-49 year olds make up the largest percentage of gamers at 49%.