![]() ![]() The data should contain numbers, names, arrays, or references that are numeric.If the given arrays contain text or logical values, they are ignored by the COVARIANCE in Excel function.Array2 (required argument) – This is a second range or array of integer values.Ī few things to remember about the arguments:.Array1 (required argument) – This is a range or array of integer values.The COVARIANCE.P function uses the following arguments: It was introduced in MS Excel 2010 to replace COVAR, with improved accuracy over its predecessor. In such a scenario, we can use the COVARIANCE.P function. ![]() Suppose, as a financial analyst, that we wish to determine whether greater income accompanies greater levels of education in a population or not. It calculates the joint variability of two random variables, given two sets of data. The Covariance Excel function is categorized under Statistical functions. Updated JWhat is the Covariance Excel Function?
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