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correlation |
Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
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correlation /cor·re·la·tion/ (kor?e-la´shun) in statistics, the degree and direction of association of variable phenomena; how well one can be predicted from the other. correlation, n a statistical procedure used to determine the degree to which two (or more) variables vary together. Correlation does not suggest a cause-effect relationship but only the degree of parallelism or concomitance between the variables, the cause of which may be unknown. The Pearson product-moment correlation (r) is the most frequently used, and this coefficient is used unless another is specified. correlation, coefficient number n the result of statistical computation that indicates the strength of the tendency of two or more variables to vary concomitantly. The coefficient is expressed in fractions (that is, r = 80), ranging from 21 to 11, and indicates the magnitude of the relationship between the variables. Perfect direct correspondence is expressed by 11; perfect inverse correspondence by 21; complete lack of correspondence by 0. Fractional values are not read as percents. correlation, linear, n a correlation in which the regression line, the line that best describes the relationship between the two variables, is a straight line, so that for any increase in the magnitude of one variable there will be a proportional change in the magnitude of the other variable. correlation, multiple, n a complex correlation procedure in which scores on two or more variables are combined to predict scores on another variable, called the dependent variable. correlation 1. in neurology, the union of afferent impulses within a nerve center to bring about an appropriate response. 2. the degree to which statistical variables vary together. correlation coefficient see correlation coefficient. |
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They need to be aware of co-relation between a rich benefit plan and annual premiums. GAP Analysis -- The GAP analysis tool can help determine the co-relation between importance and the satisfaction for the various issues that are pertinent to a company. |
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