Definition of correlation

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TeachMeFinance.com - explain correlation



correlation

The term 'correlation' as it applies to the area of reclamation can be defined as ' The relation between two or more variables. A statistical test that sets a numerical value to the amount of interdependence'.

The term 'correlation' as it applies to the area of basic math can be defined as 'the relationship between two or more data sets or variables'.


Previous 5 Terms:
Coronal Hole
Coronal Rain
Coronal Transients
coronoid
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Next 5 Terms:
Correlation (statistical term)
correlation coefficient
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About the author

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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