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Correlation Coefficient

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Term Definition
Correlation Coefficient

Also known as the Pearson Correlation, it is a statistical measure of the strength of a relationship (or correlation) between two continuous data values. A sample correlation  coefficient is represented as "r" and the population correlation  coefficient is represented as "ρ" (rho). 
Related StatStuff Video: 
   -Section 6-Analyze Phase, Lesson #26 - Hypothesis Testing: Relationships (Overview)

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