# correlation coefficient

correlation coefficientStatistics any of several measures of concomitant variation in two or more variables

## correlation coefficient

noun

A measure of the interdependence of two random variables that ranges in value from −1 to +1, indicating perfect negative correlation at −1, absence of correlation at zero, and perfect positive correlation at +1. Also called

*coefficient of correlation*.## correlation-coefficient

Noun

(*plural* correlation coefficients)

- (statistics) Any of the several measures indicating the strength and direction of a linear relationship between two random variables.

## correlation coefficient - Investment & Finance Definition

A statistical measurement that shows to what extent two variables move together.