correlation coefficient

noun

: a number or function that indicates the degree of correlation between two sets of data or between two random variables and that is equal to their covariance divided by the product of their standard deviations

Examples of correlation coefficient in a Sentence

Recent Examples on the Web On a year-to-year basis (2024 vs. 2023), my overall park factors had a 0.67 correlation coefficient, virtually the same as the past two seasons. Tony Blengino, Forbes, 11 Oct. 2024 Through the first nine months of 2024, the correlation coefficient between the daily moves of the S & P 500 and USO was 0.1, according to a CNBC calculation. Jesse Pound, CNBC, 3 Oct. 2024 The correlation coefficient between someone's 30-day interest rating, and their average daily score, was r=0.70. Neuroskeptic, Discover Magazine, 29 June 2013 The reliability of the neural responses to emotions was defined using the intraclass correlation coefficient (ICC). Neuroskeptic, Discover Magazine, 24 May 2017 Lyvers et al did a survey study of 106 university students and found that alexithymia was correlated with the amount of caffeine consumed per day (p < 0.01, correlation coefficient r = 0.26). Neuroskeptic, Discover Magazine, 18 Sep. 2014 The 90-day correlation coefficient of Bitcoin and the tech gauge now stands above 0.68, the highest such reading in Bloomberg data going back to 2010. Vildana Hajric, Fortune, 10 May 2022 The 90-day correlation coefficient of the coin and a basket of non-profitable tech stocks now stands above 0.60, the highest such reading on record. Vildana Hajric, Fortune, 18 Apr. 2022 Bitcoin has, as of late, sung the tune of the stock market, with the 100-day correlation coefficient of the coin and the S&P 500 now standing at 0.44. Emily Graffeo, Fortune, 7 Jan. 2022

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'correlation coefficient.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1895, in the meaning defined above

Time Traveler
The first known use of correlation coefficient was in 1895

Dictionary Entries Near correlation coefficient

Cite this Entry

“Correlation coefficient.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/correlation%20coefficient. Accessed 31 Oct. 2024.

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