# correlation coefficient definition

• noun:
• A measure associated with the interdependence of two random variables that ranges in price from -1 to +1, indicating perfect unfavorable correlation at -1, absence of correlation at zero, and perfect good correlation at +1. Also called coefficient of correlation.
• the a few steps showing the power and way of a linear relationship between two arbitrary variables.
• a statistic representing just how closely two factors co-vary; it can vary from -1 (perfect unfavorable correlation) through 0 (no correlation) to +1 (perfect good correlation)
• A measure regarding the interdependence of two arbitrary factors that varies in value from -1 to +1, indicating perfect unfavorable correlation at -1, lack of correlation at zero, and perfect good correlation at +1. Also known as coefficient of correlation.
• the a number of steps suggesting the power and course of a linear relationship between two arbitrary variables.
• a statistic representing how closely two variables co-vary; it may differ from -1 (perfect negative correlation) through 0 (no correlation) to +1 (perfect positive correlation)

## Related Sources

• Definition for "correlation coefficient"
• A measure associated with the interdependence of two…
• Hyponym for "correlation coefficient"
• tetrachoric correlation coefficient
• Hypernym for "correlation coefficient"
• parametric statistic