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correlation coefficient
noun
STATISTICS
1. a number between +1 and −1 calculated so as to represent the linear interdependence
of two variables or sets of data.
Correlation coefficient is a measure of association between two variables, and it ranges between –
1 and 1. If the two variables are in perfect linear relationship, the correlation coefficient will be
either 1 or –1.

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Correlation Coefficient - A Measure of Linear Relationship

  • 1. correlation coefficient noun STATISTICS 1. a number between +1 and −1 calculated so as to represent the linear interdependence of two variables or sets of data. Correlation coefficient is a measure of association between two variables, and it ranges between – 1 and 1. If the two variables are in perfect linear relationship, the correlation coefficient will be either 1 or –1.