Show
Examples of positive correlation in the following topics:
Is positive correlation strong?Positive correlation is measured on a 0.1 to 1.0 scale. Weak positive correlation would be in the range of 0.1 to 0.3, moderate positive correlation from 0.3 to 0.5, and strong positive correlation from 0.5 to 1.0. The stronger the positive correlation, the more likely the stocks are to move in the same direction.
What is a strong correlation between variables?The relationship between two variables is generally considered strong when their r value is larger than 0.7. The correlation r measures the strength of the linear relationship between two quantitative variables.
Is strong correlation positive or negative?A negative correlation can indicate a strong relationship or a weak relationship. Many people think that a correlation of –1 indicates no relationship. But the opposite is true. A correlation of -1 indicates a near-perfect relationship along a straight line, which is the strongest relationship possible.
Is a correlation of strong or weak?A correlation coefficient close to 0 suggests little, if any, correlation.
...
Describing Correlation Coefficients.. |