When variables are correlated, they have overlapping, or shared, variance.

Name: When variables are correlated, they have overlapping, or shared, variance.
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When variables are correlated, it means there is a relationship between them, indicating that changes in one variable are associated with changes in another. This relationship implies that they share variance, as part of the variation in each variable can be explained by the variation in the other.

When Variables Are Correlated, They Have Overlapping, or Shared, Variance