LIGHT
    AUTO NEXT
PREV VIDEO NEXT VIDEO

The Correlation Coefficient – Explained in Three Steps

123 Views
0 Likes

The correlation coefficient is a really popular way of summarizing a scatter plot into a single number between -1 and 1. In this video, I’m giving an intuition how the correlation coefficient does this, without going into formulas. If you need to calculate the correlation coefficient for some data, you can find the formula here: https://en.wikipedia.org/wiki/Pearson_product-moment_correlation_coefficient#For_a_sample

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.(http://creativecommons.org/licenses/by-nc/4.0/)

(Visited 123 times, 2 visits today)

Other Videos You Might Like:

0 0 votes
Article Rating
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments
© All rights reserved.
CLOSE