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
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Debris lofted into radar signal (lower left panel) shown in dual pol correlation coefficient data. Hannah Parry, MSNBC Newsweek, 5 June 2025 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 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 reliability of the neural responses to emotions was defined using the intraclass correlation coefficient (ICC). Neuroskeptic, Discover Magazine, 24 May 2017

Word History

First Known Use

1895, in the meaning defined above

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

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Cite this Entry

“Correlation coefficient.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/correlation%20coefficient. Accessed 5 Sep. 2025.

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