Sunday, May 13, 2007

Pearson's Correlation Coefficient

Reference: http://davidmlane.com/hyperstat/A51911.html

- Designated by r
- Correlation reflects the linear relationship between two variables.
- -1 <= r <=+1
(negative linear relationship to positivie linear relationship)
- 0: no linear correlation
- r = sum of product of z-scores/N

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