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  2. Pearson correlation coefficient - Wikipedia

    en.wikipedia.org/wiki/Pearson_correlation...

    Pearson's correlation coefficient is the covariance of the two variables divided by the product of their standard deviations. The form of the definition involves a "product moment", that is, the mean (the first moment about the origin) of the product of the mean-adjusted random variables; hence the modifier product-moment in the name.

  3. Spurious correlation of ratios - Wikipedia

    en.wikipedia.org/wiki/Spurious_correlation_of_ratios

    Even though x, y, and z are statistically independent and therefore uncorrelated, in the depicted typical sample the ratios x/z and y/z have a correlation of 0.53. This is because of the common divisor ( z ) and can be better understood if we colour the points in the scatter plot by the z -value.

  4. Correlation coefficient - Wikipedia

    en.wikipedia.org/wiki/Correlation_coefficient

    The Pearson product-moment correlation coefficient, also known as r, R, or Pearson's r, is a measure of the strength and direction of the linear relationship between two variables that is defined as the covariance of the variables divided by the product of their standard deviations. [4]

  5. Correlation ratio - Wikipedia

    en.wikipedia.org/wiki/Correlation_ratio

    The correlation ratio was introduced by Karl Pearson as part of analysis of variance. Ronald Fisher commented: "As a descriptive statistic the utility of the correlation ratio is extremely limited. It will be noticed that the number of degrees of freedom in the numerator of depends on the number of the arrays" [1]

  6. Taylor diagram - Wikipedia

    en.wikipedia.org/wiki/Taylor_diagram

    The sample Taylor diagram shown in Figure 1 [16] provides a summary of the relative skill with which several global climate models simulate the spatial pattern of annual mean precipitation. Eight models, each represented by a different letter on the diagram, are compared, and the distance between each model and the point labeled “observed ...

  7. Correlation - Wikipedia

    en.wikipedia.org/wiki/Correlation

    The examples are sometimes said to demonstrate that the Pearson correlation assumes that the data follow a normal distribution, but this is only partially correct. [4] The Pearson correlation can be accurately calculated for any distribution that has a finite covariance matrix, which includes

  8. Covariance and correlation - Wikipedia

    en.wikipedia.org/wiki/Covariance_and_correlation

    With any number of random variables in excess of 1, the variables can be stacked into a random vector whose i th element is the i th random variable. Then the variances and covariances can be placed in a covariance matrix, in which the (i, j) element is the covariance between the i th random variable and the j th one.

  9. Financial correlation - Wikipedia

    en.wikipedia.org/wiki/Financial_correlation

    Third, a zero Pearson product-moment correlation coefficient does not necessarily mean independence, because only the two first moments are considered. For example, = (y ≠ 0) will lead to Pearson correlation coefficient of zero, which is arguably misleading. [2]