1. uncorrelated - Adjective
2. uncorrelated - Adjective Satellite
not varying together
Source: WordNetDiversifying sufficiently among uncorrelated risks can reduce portfolio risk toward zero. But financial engineers should know that's not true of a portfolio of correlated risks. Harry Markowitz
The main reason I write the daily observations is because I want to know where I'm wrong. So lots of times if somebody points something out it helps me, and I want to have a diversified bet of uncorrelated bets. Ray Dalio
But it is not true that two random variables that are (separately, marginally) normally distributed and uncorrelated are independent. Source: Internet
And incoherent states can be modeled stochastically as a weighted combination of such uncorrelated waves with some distribution of frequencies (its spectrum ), phases, and polarizations. Source: Internet
In linear regression analysis the corresponding formula is : This can also be derived from the additivity of variances, since the total (observed) score is the sum of the predicted score and the error score, where the latter two are uncorrelated. Source: Internet
A necessary (but, in general, not sufficient ) condition for statistical independence of two variables is that they be statistically uncorrelated ; that is, their covariance is zero. Source: Internet