Correlation Coefficient Formula:
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The sample correlation coefficient (r) measures the strength and direction of the linear relationship between two variables. It ranges from -1 to +1, where -1 indicates perfect negative correlation, +1 indicates perfect positive correlation, and 0 indicates no linear correlation.
The calculator uses the Pearson correlation coefficient formula:
Where:
Explanation: The numerator calculates the covariance between x and y, while the denominator normalizes this by the product of their standard deviations.
Details:
Tips: Enter comma-separated values for both x and y variables. Ensure both lists have the same number of values. The calculator automatically filters non-numeric entries.
Q1: What's the difference between correlation and causation?
A: Correlation measures association but doesn't imply causation. Other factors may influence both variables.
Q2: What are the assumptions for Pearson's r?
A: Assumes linear relationship, continuous variables, normally distributed data, and homoscedasticity.
Q3: When should I use Spearman's correlation instead?
A: Use Spearman's for ordinal data or when the relationship is monotonic but not linear.
Q4: How many data points do I need?
A: At least 5-10 pairs for meaningful results, though more is better for reliability.
Q5: Can correlation be used for prediction?
A: While it measures association, regression analysis is needed for prediction.