NEW ADDITIONS ON Tuesday, Jan. 21, 1997: Proofs of results which cannot be found in Hogg & Craig (the text for STAT 310).
In this section, we review the notions of covariance and correlation and relate them to prediction. This is done primarily in the context of a bivariate distribution. We show how this can be related to bivariate data and to time series by considering pairwise distributions from the series.