Economics

  1. Home
  2. Education
  3. Economics

See More About:

Independence / Independent Random Variables
<Back to Last Page>     <Full Glossary>

Definition of Independence / Independent Random Variables: Two random variables X and Y are statistically independent if and only if their joint density (pdf) is the product of their marginal densities, that is if f(x,y)=fx(x)fy(y).

If two random variables are independent they are also uncorrelated. (Econterms)

Terms related to Independence / Independent Random Variables:

About.Com Resources on Independence / Independent Random Variables:
None

Writing a Term Paper? Here are a few starting points for research on Independence / Independent Random Variables:

Books on Independence / Independent Random Variables:
None

Journal Articles on Independence / Independent Random Variables:
None

<Return to Main Page>

About.com Special Features

A Smarter Future

Tips that will help finance your education, excel in the classroom, and advance your career. More >

How to Ace the GRE

Being well prepared is the first step; here are more essential suggestions. More >