Correlation - Weebly
Pearson’s Product-Moment Correlation Coefficient. Also called Correlation Coefficient or ‘ r ’. This is a more precise tool. In summary it is a measure of the tendency of data to lie on a straight line. The value of ‘r’ ranges from -1 to 1 i.e. -1 ≤ r ≤ 1. Following are examples of scatterplots: ................
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