A statistical measure of the interdependence of two or more random variables. Fundamentally, the value indicates how much of a change in one variable is explained by a change in another. Used in portfolio analysis and modeling.
Related information about correlation coefficient:
- Correlation coefficient - Wikipedia, the free encyclopedia
Correlation coefficient may refer to: Pearson product-moment correlation coefficient, also known as r, R, or Pearson's r, a measure of the strength and direction of ...
- Pearson product-moment correlation coefficient - Wikipedia, the free ...
In statistics, the Pearson product-moment correlation coefficient (sometimes referred to as the PPMCC or PCC, or Pearson's r, and is typically denoted by r) is a ...
- Correlation Coefficient -- from Wolfram MathWorld
The correlation coefficient, sometimes also called the cross-correlation coefficient , is a quantity that gives the quality of a least squares fitting to the original data.
- Statistics 2 - Correlation Coefficient and Coefficient of Determination
Correlation Coefficient. How well does your regression equation truly represent your set of data? One of the ways to determine the answer to this question is to ...
- Correlation Coefficient Definition | Investopedia
A measure that determines the degree to which two variable's movements are associated.The correlation coefficient is calculated as:
- Calculate the Correlation Coefficient Formula |
Calculate Pearson's correlation coefficient formula in easy steps. Hundreds of statistics problems solved. Free online calculators and help forum.
- Calculate Correlation Co-efficient - Maths Calculator
Correlation - Calculator. Free correlation co-efficient calculations online. Find the correlation co-efficient for the given data. Can be used for calculating or ...
- correlation coefficient - The Free Dictionary
A measure of the interdependence of two random variables that ranges in value from -1 to +1, indicating perfect negative correlation at -1, absence of correlation ...