coefficient of correlation (Meaning)
coefficient of correlation (n)
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)
Synonyms & Antonyms of coefficient of correlation
No Synonyms and anytonyms found
coefficient of correlation Sentence Examples
- The coefficient of correlation, denoted as "r," measures the strength and direction of the relationship between two variables.
- In statistics, the coefficient of correlation ranges from -1 to 1, with -1 indicating a perfect negative correlation and 1 indicating a perfect positive correlation.
- Researchers use the coefficient of correlation to determine the degree to which changes in one variable are associated with changes in another variable.
- A coefficient of correlation close to zero suggests a weak or nonexistent relationship between the variables.
- The coefficient of correlation is a valuable tool in fields such as economics, psychology, and sociology for analyzing patterns and making predictions.
- By calculating the coefficient of correlation, analysts can assess whether two variables move together or vary independently.
- The Pearson correlation coefficient is one of the most commonly used methods for calculating the coefficient of correlation.
- In finance, the coefficient of correlation helps investors understand the relationship between different assets in their portfolio.
- Educators may use the coefficient of correlation to examine the relationship between study habits and academic performance.
- Understanding the coefficient of correlation allows researchers to draw conclusions about causation, directionality, and predictive power in their studies.
FAQs About the word coefficient of correlation
a statistic representing how closely two variables co-vary; it can vary from -1 (perfect negative correlation) through 0 (no correlation) to +1 (perfect positiv
No synonyms found.
No antonyms found.
The coefficient of correlation, denoted as "r," measures the strength and direction of the relationship between two variables.
In statistics, the coefficient of correlation ranges from -1 to 1, with -1 indicating a perfect negative correlation and 1 indicating a perfect positive correlation.
Researchers use the coefficient of correlation to determine the degree to which changes in one variable are associated with changes in another variable.
A coefficient of correlation close to zero suggests a weak or nonexistent relationship between the variables.
