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 » Home » Basic Statistics »

Properties of Coefficient of Correlation



           

    • The correlation coefficient is symmetrical with respect to X and Y i.e.
    • The correlation coefficient is the geometric mean of the two regression coefficients.    or   .
    • The correlation coefficient is independent of origin and unit of measurement i.e. .
    • The correlation coefficient lies between -1 and +1. i.e. .     



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