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A type of correlation coefficient is the Pearson correlation coefficient, which measures the strength and direction of the linear relationship between two continuous variables. Its value ranges from -1 to 1, where -1 indicates a perfect negative correlation, 1 indicates a perfect positive correlation, and 0 indicates no correlation. Other types include the Spearman rank correlation coefficient, which assesses the relationship between ranked variables, and the Kendall tau coefficient, which measures the ordinal association between two quantities.

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2d ago

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Related Questions

What type of correlation do you have when are is equal to one?

A correlation coefficient of 1 (r=1) is a perfect positive correlation.


Is -0.0001 a correlation coefficient?

Yes it can be a correlation coefficient.


Is 1.5 a correlation coefficient?

No, it cannot be a correlation coefficient.


Is 0.5 the strongest correlation coefficient?

No. The strongest correlation coefficient is +1 (positive correlation) and -1 (negative correlation).


What are the properties of correlation coefficient?

The correlation coefficient is symmetrical with respect to X and Y i.e.The correlation coefficient is the geometric mean of the two regression coefficients. or .The correlation coefficient lies between -1 and 1. i.e. .


What is the correlation coefficient of -2?

A serious error. The maximum magnitude for a correlation coefficient is 1.The Correlation coefficient is lies between -1 to 1 if it is 0 mean there is no correlation between them. Here they are given less than -1 value so it is not a value of correlation coefficient.


What is the feasible range for r the correlation coefficient?

the correlation coefficient range is -1 to +1


What is a Correlation coefficient of 0.00457?

Evidence that there is no correlation.


How is coefficient of determination and coefficient of correlation is related?

coefficient of determination


What does a correlation coefficient of zero indicates?

A coefficient of zero means there is no correlation between two variables. A coefficient of -1 indicates strong negative correlation, while +1 suggests strong positive correlation.


What are the properties of correlation?

The correlation coefficient is symmetrical with respect to X and Y i.e.The correlation coefficient is the geometric mean of the two regression coefficients. or .The correlation coefficient lies between -1 and 1. i.e. .


Is the Correlation Coefficient of 35 strong?

The correlation coefficient must lie between -1 and +1 and so a correlation coefficient of 35 is a strong indication of a calculation error. If you meant 0.35, then it is a weak correlation.