Jul 9, 2025
Analyzing Data? Here’s Why You Need the Pearson Correlation Coefficient
Quantify the strength and direction of linear relationships with the Pearson correlation coefficient (r), which ranges from −1 (perfect inverse correlation) to +1 (perfect positive correlation). Widely used in fields like finance, healthcare, and social sciences, it offers a clear, standardized metric for understanding variable associations—but it only captures linear relationships and is sensitive Read More...