Correlation coefficient definition

Correlation coefficient means a quantity that measures the degree of agreement between the points in a calibration curve and the linear function derived to connect them.
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Correlation coefficient means the Xxxxxxx linear correlation coefficient between historical Market Prices considered for and/or referenced in SteelHedge Contracts and historical prices of Supplied Goods, with 1 (or 100%) denoting total positive correlation, 0 denoting no correlation and −1 (or -100%) denoting total negative correlation.
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Examples of Correlation coefficient in a sentence

  • Correlation coefficient (R) measures the linear relationship between two variables.

  • Correlation coefficient determines the association between the dependent variable and independent variable.

  • A guide to appropriate use of Correlation coefficient in medical research.

  • Correlation coefficient between two variables ranges from +1 (i.e. perfect positive relationship) to -1 (i.e. perfect negative relationship).

  • The below correlation matrix shows correlation between variables in the questionnaire with a Pearson Correlation coefficient to show the strength of relationship among the variables considered in the questionnaire.

  • Fitting of polynomials, exponential curves.2. Karl Pearson correlation coefficient.3. Correlation coefficient for a bivariate frequency distribution.4. Lines of regression, angle between lines and estimated values of variables.

  • We adopt the Kendall Tau Rank Correlation coefficient, which is a non- parametric measure of association between observations on two variables.

  • In order to accept the standards, the following must be true: • Correlation coefficient R2 ≥ 0.9990.

  • Line of best fit - Slope, 0.75; Correlation coefficient, r = 0.69.

  • Correlation coefficient (bivariate analysis) was used to ascertain the empirical relationship between MTEF and budget implementation for pre-MTEF and post-MTEF adoption.

Related to Correlation coefficient

  • Runoff coefficient means the fraction of total rainfall that will appear at the conveyance as runoff.

  • Coefficient means a number that represents the quantified relationship of each variable to the assessed value of a property when derived through a mass appraisal process

  • Best Management Practices (BMPs means schedules of activities, prohibitions of practices, maintenance procedures, and other management practices to prevent or reduce the pollution of waters of the state. BMPs also include treatment requirements, operating procedures, and practices to control site runoff, spillage or leaks, sludge or waste disposal, or drainage from raw material storage.

  • Acceptable earned value management system means an earned value management system that generally complies with system criteria in paragraph (b) of this clause.

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per million.

  • Safety Management System means a systematic approach to managing safety, including the necessary organisational structures, accountabilities, policies and procedures;

  • CAISO Grid means the system of transmission lines and associated facilities of the Participating Transmission Owners that have been placed under the CAISO’s operational control.

  • systematic internaliser means an investment firm which, on an organised, frequent and systematic basis, deals on own account by executing client orders outside a regulated market or an MTF;

  • Gasohol means a blended fuel composed of gasoline and fuel grade ethanol.

  • Turbidity means the cloudy condition of water due to the presence of extremely fine particulate materials in suspension that interfere with the passage of light.

  • Energy efficiency measure means equipment, devices, or materials intended to decrease energy consumption, including, but not limited to, upgrades to a building envelope such as insulation and glazing; improvements in heating, ventilating and cooling systems; automated energy control systems; improved lighting, including daylighting; energy‑recovery systems; combined heat and power systems; or another utility cost‑savings measure approved by the governing body.

  • Treatability study means a study in which a hazardous waste is subjected to a treatment process to determine: (1) Whether the waste is amenable to the treatment process, (2) what pretreatment (if any) is required, (3) the optimal process conditions needed to achieve the desired treatment, (4) the efficiency of a treatment process for a specific waste or wastes, or (5) the characteristics and volumes of residuals from a particular treatment process. Also included in this definition for the purpose of the § 261.4 (e) and (f) exemptions are liner compatibility, corrosion, and other material compatibility studies and toxicological and health effects studies. A “treatability study” is not a means to commercially treat or dispose of hazardous waste.

  • Capture efficiency means the weight per unit time of VOC entering a capture system and delivered to a control device divided by the weight per unit time of total VOC generated by a source of VOC, expressed as a percentage.