The Linear Correlation Coefficient
Read this discussion on linear correlation. You will learn what the linear correlation coefficient is, how to compute it, and what it tells us about the relationship between two variables x and y.
- The linear correlation coefficient measures the strength and direction of the linear relationship between two variables and .
- The sign of the linear correlation coefficient indicates the direction of the linear relationship between and .
- When is near 1 or −1 the linear relationship is strong; when it is near 0 the linear relationship is weak.