Abstract
Given two random variables, one may be interested in the correlation or association or concordance between them (Gili & Bettuzzi 1985). This purpose can be generalized by following Daniels who stated the target as “the degree of agreement” (Daniels, 1950, p. 171) between the order and the rank-order of two variables.
Keywords
- Ordinary Little Square
- Linear Transformation
- Instrumental Variable
- Bivariate Normal Distribution
- Covariance Representation
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Yitzhaki, S., Schechtman, E. (2013). The Gini Equivalents of the Covariance, the Correlation, and the Regression Coefficient. In: The Gini Methodology. Springer Series in Statistics, vol 272. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-4720-7_3
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