Variance >

“Shared variance” can mean several things, depending on what field you’re in.

In statistics, shared variance generally refers to covariance. However, the term is sometimes used in textbooks as part of the formal definition for the correlation coefficient (shared variance divided by combined variance).

**CITE THIS AS:**

**Stephanie Glen**. "Shared Variance" From

**StatisticsHowTo.com**: Elementary Statistics for the rest of us! https://www.statisticshowto.com/shared-variance/

**Need help with a homework or test question?** With Chegg Study, you can get step-by-step solutions to your questions from an expert in the field. Your first 30 minutes with a Chegg tutor is free!

**Comments? Need to post a correction?** Please post a comment on our ** Facebook page**.