Home > Term: covariance
covariance
A statistical measure of the correlation between two variables. In geostatistics, covariance is usually treated as the simple inverse of the variogram, computed as the overall sample variance minus the variogram value. These covariance values, rather than variogram values, are actually used in kriging matrix equations for greater computational efficiency.
- Part of Speech: noun
- Industry/Domain: Mining
- Category: General mining; Mineral mining
- Government Agency: USBM
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Creator
- ed.young
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(Milwaukee, United States)