What Does The Sample Correlation Coefficient R Measure
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What Does The Sample Correlation Coefficient R Measure. The correlation coefficient r measures the strength and direction of a linear relationship between two variables on a scatterplot. Pearson's correlation (also called pearson's r) is a correlation coefficient commonly used in linear regression.
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Learn more about this statistical measurement used to represent movement between a security and its benchmark. This measures the strength and direction of a linear relationship between two variables. It indicates how closely a scattergram of x,y points cluster about a . The sample correlation coefficient (r) is a measure of the closeness of association of the points in a scatter plot to a linear regression .
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