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What does coefficient of correlation mean?

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What does coefficient of correlation mean?

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• COEFFICIENT OF CORRELATION (noun) The noun COEFFICIENT OF CORRELATION has 1 sense: 1. a statistic representing how closely two variables co-vary; it can vary from -1 (perfect negative correlation) through 0 (no correlation) to +1 (perfect positive correlation) Familiarity information: COEFFICIENT OF CORRELATION used as a noun is very rare.

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