0, within statistical error.
If all variations in the dependent variable can be fully explained by the independent variables - so that there is no residual "error" - the correlation is said to be perfect.
used for internal consistency or error estimation
It is a serious error. The Pearson coefficient cannot be larger than 1 so a value of 64 is clearly a very big error.
A strong correlation between two variables does not imply causation; it merely indicates a relationship where changes in one variable are associated with changes in another. This misconception can lead to erroneous conclusions, as other factors or variables may influence both. It's essential to conduct further research to establish a causal link rather than relying solely on correlation. Critical thinking and statistical analysis are necessary to avoid this thinking error.
An error! Correlation must be between -1 and 1.
0, within statistical error.
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.
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.
If all variations in the dependent variable can be fully explained by the independent variables - so that there is no residual "error" - the correlation is said to be perfect.
The error term in a random walk is assumed to be iid (often white-noise), but the error in a martingale doesn't have to be. If the error is AR(1) however, then the process can't be martingale, as the error in last period is known, and so the current period error is not mean zero anymore. But the error may have second order serial correlation (like an ARCH process), and still be a martingale. The error in a random walk however must be independent of the prior error (at all orders).
used for internal consistency or error estimation
It is a serious error. The Pearson coefficient cannot be larger than 1 so a value of 64 is clearly a very big error.
It's a measure of how well a simple linear model accounts for observed variation.
In the Ising model, the correlation length is important because it indicates how far apart spins are correlated with each other. A longer correlation length means that spins are more likely to influence each other over greater distances, which can affect the behavior of the system as a whole.
Random error, measurement error, mis-specification of model (overspecification or underspecification), non-normality, plus many more.
How to fix the error on FMC