coefficient of correlation (r) definition

coefficient of correlation (r)

Statistical measure of the linear relationship (correlation) between a dependent-variable and an independent variable. Represented by the lowercase letter 'r', its value varies between -1 and 1 : 1 means perfect correlation, 0 means no correlation, positive values means the relationship is positive (when one goes up so does the other), negative values mean the relationship is negative (when one goes up the other goes down). Also called correlation coefficient. See also correlation.

coefficient of correlation (r) is in the Statistics, Mathematics, & Analysis subject.

coefficient of correlation (r) appears in the definitions of the following terms: Belbin team roles, U, range chart (R Chart), team roles, coefficient of determination (r2) and discount rate

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