product-moment correlation coefficient (Meaning)
product-moment correlation coefficient (n)
the most commonly used method of computing a correlation coefficient between variables that are linearly related
Synonyms & Antonyms of product-moment correlation coefficient
No Synonyms and anytonyms found
product-moment correlation coefficient Sentence Examples
- The product-moment correlation coefficient, commonly denoted as Pearson's correlation coefficient, measures the strength and direction of the linear relationship between two variables.
- In statistics, the product-moment correlation coefficient ranges from -1 to 1, where -1 indicates a perfect negative correlation, 1 indicates a perfect positive correlation, and 0 indicates no correlation.
- Researchers use the product-moment correlation coefficient to analyze the association between variables such as height and weight, income and education level, or temperature and ice cream sales.
- The product-moment correlation coefficient is calculated by dividing the covariance of the two variables by the product of their standard deviations.
- A high absolute value of the product-moment correlation coefficient indicates a strong relationship between the variables, while a value close to zero suggests a weak relationship.
- When interpreting the product-moment correlation coefficient, it's essential to consider factors such as outliers, sample size, and the nature of the data.
- The product-moment correlation coefficient is widely used in fields such as psychology, economics, biology, and sociology to analyze patterns and relationships in data.
- In regression analysis, the product-moment correlation coefficient helps assess the strength of the linear relationship between the independent and dependent variables.
- Researchers often plot scatterplots to visualize the relationship between variables before calculating the product-moment correlation coefficient.
- The product-moment correlation coefficient provides valuable insights into the association between variables, helping researchers make informed decisions and predictions based on data analysis.
FAQs About the word product-moment correlation coefficient
the most commonly used method of computing a correlation coefficient between variables that are linearly related
No synonyms found.
No antonyms found.
The product-moment correlation coefficient, commonly denoted as Pearson's correlation coefficient, measures the strength and direction of the linear relationship between two variables.
In statistics, the product-moment correlation coefficient ranges from -1 to 1, where -1 indicates a perfect negative correlation, 1 indicates a perfect positive correlation, and 0 indicates no correlation.
Researchers use the product-moment correlation coefficient to analyze the association between variables such as height and weight, income and education level, or temperature and ice cream sales.
The product-moment correlation coefficient is calculated by dividing the covariance of the two variables by the product of their standard deviations.
