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Correlation

★★★☆☆High School

📖Definition

Measures the strength and direction of a linear relationship between two variables. Ranges from -1 to 1.

📐Formulas

r = \frac∑ (xᵢ - \barx)(yᵢ - \bary){√∑(xᵢ - \barx)² ∑(yᵢ - \bary)²}

Pearson correlation coefficient

-1 ≤ r ≤ 1

Correlation coefficient range

✏️Examples

예제 1★★☆☆☆

Interpret r = 0.8.

Applications

Finance

Asset correlations

Social Science

Variable relationship analysis

Medicine

Risk factor analysis

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#상관관계#통계#correlation#statistics