Definition of correlation coefficient

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TeachMeFinance.com - explain correlation coefficient



correlation coefficient

The term 'correlation coefficient' as it applies to the area of basic math can be defined as 'a value between 1 and -1 that determines if two lines have a linear relationship'.

Previous 5 Terms:
Coronal Transients
coronoid
Correlated Shear
correlation
Correlation (statistical term)
Next 5 Terms:
corresponding angles
Corridor
Corrosion
corviform
corvine




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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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