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The conditional Covariance Formula. The conditional convenience of X and y, given Z, is defined by 

 

(a) Show that 

 

(b) Prove the conditional covariance formula 

 

(c) Set X=Y in part (b) and obtain the conditional variance formula.

 

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Priyanshu Patel
Priyanshu PatelLv10
22 Mar 2021

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