Positive covariance is a statistical measure that indicates the degree to which two random variables change together in the same direction. When positive covariance exists, an increase in one variable tends to be associated with an increase in another, while a decrease in one also corresponds to a decrease in the other. This concept is key for understanding the relationship between variables, especially when assessing their correlation and dependency.
congrats on reading the definition of Positive Covariance. now let's actually learn it.