Meaning of the word "correlation coefficient" in English

What does "correlation coefficient" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

correlation coefficient

US /ˌkɔːr.əˈleɪ.ʃən koʊ.ɪˈfɪʃ.ənt/
UK /ˌkɔːr.əˈleɪ.ʃən koʊ.ɪˈfɪʃ.ənt/
"correlation coefficient" picture

Noun

1.

a statistical measure that calculates the strength of the relationship between two variables and their direction

Example:
The study found a high correlation coefficient between exercise and improved mood.
A correlation coefficient of +1 indicates a perfect positive relationship.
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