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Correlation
Reading time: 1minComputes the Pearson's correlation coefficient for a set of bivariate data taken from a sample, X and Y. This parameter indicates de degree of linear relationship between one sample and another.
where cov stands for covariance, σ is the standard deviation.
Syntax
correlation(Statistics_data, Statistics_data)
Description
Given two data samples X and Y, computes the correlation coefficient ρX,Y.