why correlation cofficient always lies between 1 and -1
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. .
No. The strongest correlation coefficient is +1 (positive correlation) and -1 (negative correlation).
No.
No. The units of the two variables in a correlation will not change the value of the correlation coefficient.
In an efficient market, the correlation coefficient between stock returns for two non-overlapping time periods should be close to zero. This reflects the idea that past stock returns do not predict future returns, as all available information is already reflected in current prices. Consequently, any patterns or trends observed in one period should not persist into another. Thus, the returns are expected to be independent across different time periods.
cofficient of rank 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. .
That 5 is the cofficient of the term. The "n" is the variable!
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. .
Correlation is when two things are related or have similar properties. They can exist independently. Causation means that one thing made the other thing happen
5x 5 is the coefficient and x is the variable.
Eugene Buth has written: 'Correlation of concrete properties with tests for clay content of aggregate'
cofficient of window 1mx1m
No, it is a fundamental mechanical property of the material
W. Matthes has written: 'Measurement of correlation properties of the bubble fiel in two-phase flow'
Correlation is when two things are related or have similar properties and they can exist independently. Causation means that one thing made the other thing happen.
No, amplitude and wavelength are independent properties of a wave. Amplitude refers to the height of the wave, while wavelength is the distance between two corresponding points on a wave. They do not have a direct correlation, as changing the amplitude does not affect the wavelength, and vice versa.