Correlation Coefficients in One Picture

Correlation coefficients enable to you find relationships between a wide variety of data. However, the sheer number of options can be overwhelming. This picture sums up the differences between five of the most popular correlation coefficients.

References:

A comparison of the Pearson and Spearman correlation methods

Nonparametrics Statistics Notes - Correlations (Spearman, Kendall t...

Kendall’s Tau and Spearman’s Rank Correlation Coefficient

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Correlation Coefficients in One Picture

Further reading:

References:

You need to be a member of Data Science Central to add comments!

Resources

Videos

DSC Webinar Series: ML/AI Models: Continuous Integration & Deployment

DSC Webinar Series: Edge Computing with Real-time Analytics at Scale

DSC Webinar Series: How Bank of America Uses Data Prep for Faster Reporting