Home > Term: Correlation coefficient
Correlation coefficient
A standardised statistical measure of the dependence of two random variables, defined as the covariance divided by the standard deviations of two variables.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
0
Creator
- Harry8L
-
(V.I.P) 574128 points - 100% positive feedback
(London, United Kingdom)
