Home > Term: comvariance
comvariance
An analogue to covariance for three variables. For three variables x, y, and z with values xi, yi, zi, i=1,…,n, the comvariance is com(x,y,z) = i=1…n(xi-m(x))(yi-m(y))(zi-m(z)), where m(•) is the mean of the values in its argument. Due to Deardorff (1982).
- Part of Speech: noun
- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
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- Noroc
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