What does coefficient of correlation mean?
Definitions for coefficient of correlation
co·ef·fi·cient of cor·re·la·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word coefficient of correlation.
Princeton's WordNet
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?"
Wikipedia
coefficient of correlation
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).
ChatGPT
coefficient of correlation
The coefficient of correlation, also known as the correlation coefficient, is a statistical measure that quantifies the degree to which two variables are related to each other. It gauges the strength and direction of a linear relationship between two variables. Its values range from -1 to 1, with 1 indicating a perfect positive correlation, -1 a perfect negative correlation, and 0 indicating no correlation at all. This coefficient is widely used in the fields of statistics and data analysis.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of coefficient of correlation in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of coefficient of correlation in Pythagorean Numerology is: 3
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"coefficient of correlation." Definitions.net. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.definitions.net/definition/coefficient+of+correlation>.
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