Correlation Coefficient Calculator
To get the result, fill out the calculator form and press the Calculate button.
What is the Correlation Coefficient
The correlation coefficient is a statistical measure of the strength of a linear relationship between two variables.
Its values can range from -1 to 1. A correlation coefficient of -1 describes a perfect negative, or inverse, correlation, with values in one series rising as those in the other decline, and vice versa. A coefficient of 1 shows a perfect positive correlation, or a direct relationship. A correlation coefficient of 0 means there is no linear relationship.
Correlation Coefficient Formula
Correlation Coefficient formula
- r denotes to sample Correlation Coefficient
- Xi is the observed values X dataset
- Yiis the observed values Y dataset
- X is the mean of X dataset
- Y is the mean of Y dataset
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