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Linear Correlation Coefficient


The correlation coefficient is a statistical measure that indicates how a change in the value of one variable affects the other.
When the value of a variable changes in the same direction as the other, we say that there is a positive correlation or positive correlation coefficient. On the contrary the correlation is negative. However, when a variable increases or decreases in value, at random, the correlation is null or does not exist.
The correlation coefficient ranges from -1 to +1 and the closer to the ends, more strong, the correlation.
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Linear Correlation Coefficient
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