Variable is an attribute that can vary in value and describes people, places, things, or ideas. The correlation coefficient measures the strength and direction of association between two variables, ranges from -1 to 1, with values closer to these extremes indicating a stronger correlation and values near zero a weaker correlation. The correlation coefficient is a dimensionless number that is not affected by the units of the variables.
Variable is an attribute that can vary in value and describes people, places, things, or ideas. The correlation coefficient measures the strength and direction of association between two variables, ranges from -1 to 1, with values closer to these extremes indicating a stronger correlation and values near zero a weaker correlation. The correlation coefficient is a dimensionless number that is not affected by the units of the variables.
Variable is an attribute that can vary in value and describes people, places, things, or ideas. The correlation coefficient measures the strength and direction of association between two variables, ranges from -1 to 1, with values closer to these extremes indicating a stronger correlation and values near zero a weaker correlation. The correlation coefficient is a dimensionless number that is not affected by the units of the variables.
Variable is an attribute that describes a person, place, thing, or idea. The value of the variable can "vary" from one entity to another.
Some properties of correlation coefficient are as follows:
1. Correlation coefficient remains in the same measurement as in which the two variables are. 2. The sign which correlations of coefficient have will always be the same as the variance. 3. The numerical value of correlation of coefficient will be in between -1 to + 1. It is known as real number value. 4. The negative value of coefficient suggests that the correlation is strong and negative. ... 5. The weak correlation is signaled when the coefficient of correlation approaches to zero. When ‘r’ is near about zero then we can deduce that the relationship is weak. 6. Correlation coefficient can be very dicey because we cannot say that the participants are truthful or not. ... 7. Coefficient of correlation is a pure number without effect of any units on it. ... 8. We use correlation for measuring the association but that does not mean we are talking about causation. ...