Definitions for correlation coefficient
cor·re·la·tion co·ef·fi·cient

Princeton's WordNetRate this definition:0.0 / 0 votes

1. correlation coefficient, coefficient of correlation, correlationnoun

   a statistic representing how closely two variables co-vary; it can vary from -1 (perfect negative correlation) through 0 (no correlation) to +1 (perfect positive correlation)

   "what is the correlation between those two variables?"

WiktionaryRate this definition:0.0 / 0 votes

1. correlation coefficientnoun

   Any of the several measures indicating the strength and direction of a linear relationship between two random variables.

WikipediaRate this definition:0.0 / 0 votes

1. Correlation coefficient

   A correlation coefficient is a numerical measure of some type of correlation, meaning a statistical relationship between two variables. The variables may be two columns of a given data set of observations, often called a sample, or two components of a multivariate random variable with a known distribution.Several types of correlation coefficient exist, each with their own definition and own range of usability and characteristics. They all assume values in the range from −1 to +1, where ±1 indicates the strongest possible agreement and 0 the strongest possible disagreement. As tools of analysis, correlation coefficients present certain problems, including the propensity of some types to be distorted by outliers and the possibility of incorrectly being used to infer a causal relationship between the variables (for more, see Correlation does not imply causation).

ChatGPTRate this definition:0.0 / 0 votes

1. correlation coefficient

   A correlation coefficient is a statistical measure that calculates the strength of the relationship between the relative movements of two variables. The values range between -1.0 and 1.0. A correlation of -1.0 shows a perfect negative correlation, while a correlation of 1.0 shows a perfect positive correlation. A correlation of 0.0 shows no relationship between the movement of the two variables.

Matched Categories

1. • Parametric Statistic
   • Statistics

How to pronounce correlation coefficient?

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How to say correlation coefficient in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of correlation coefficient in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of correlation coefficient in Pythagorean Numerology is: 9

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=correlation coefficient
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Correlation_Coefficient
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Correlation_Coefficient
4. ^ ChatGPT
   https://chat.openai.com