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We suggest novel correlation coefficients which equal the maximum correlation for a class of bivariate Lancaster distributions while being only slightly smaller than maximum correlation for a variety of further bivariate distributions. In…

Methodology · Statistics 2024-05-01 Hajo Holzmann , Bernhard Klar

Pearson's correlation is an important summary measure of the amount of dependence between two variables. It is natural to want to generalise the concept of correlation as a single number that measures the inter-relatedness of three or more…

Methodology · Statistics 2020-03-06 Benjamin M. Taylor

Pearson's r, the most widely-used correlation coefficient, is traditionally regarded as exclusively capturing linear dependence, leading to its discouragement in contexts involving nonlinear relationships. However, recent research…

Other Statistics · Statistics 2024-10-15 Xinbo Ai

Through computer simulations, we research several different measures of dependence, including Pearson's and Spearman's correlation coefficients, the maximal correlation, the distance correlation, a function of the mutual information called…

Methodology · Statistics 2023-03-16 Oona Rainio

Not a matter of serious contention, Pearson's correlation coefficient is still the most important statistical association measure. Restricted to just two variables, this measure sometimes doesn't live up to users' needs and expectations.…

Mathematical Finance · Quantitative Finance 2024-02-02 Reza Salimi , Kamran Pakizeh

The Pearson correlation, correlation ratio, and maximal correlation have been well-studied in the literature. In this paper, we study the conditional versions of these quantities. We extend the most important properties of the unconditional…

Probability · Mathematics 2019-05-28 Lei Yu

Besides the classical distinction of correlation and dependence, many dependence measures bear further pitfalls in their application and interpretation. The aim of this paper is to raise and recall awareness of some of these limitations by…

Methodology · Statistics 2020-04-17 Björn Böttcher

Is it possible to define a coefficient of correlation which is (a) as simple as the classical coefficients like Pearson's correlation or Spearman's correlation, and yet (b) consistently estimates some simple and interpretable measure of the…

Statistics Theory · Mathematics 2020-04-30 Sourav Chatterjee

Measuring dependence between random variables is a fundamental problem in Statistics, with applications across diverse fields. While classical measures such as Pearson's correlation have been widely used for over a century, they have…

Statistics Theory · Mathematics 2025-10-08 Marta Catalano , Hugo Lavenant

The maximum correlation of functions of a pair of random variables is an important measure of stochastic dependence. It is known that this maximum nonlinear correlation is identical to the absolute value of the Pearson correlation for a…

Statistics Theory · Mathematics 2020-08-11 Zijian Guo , Cun-Hui Zhang

Distance correlation is a measure of dependence between two paired random vectors or matrices of arbitrary, not necessarily equal, dimensions. Unlike Pearson correlation, the population distance correlation coefficient is zero if and only…

Methodology · Statistics 2025-06-19 Kontemeniotis Nikolaos , Vargiakakis Rafail , Tsagris Michail

Measuring the correlation (association) between two random variables is one of the important goals in statistical applications. In the literature, the covariance between two random variables is a widely used criterion in measuring the…

Methodology · Statistics 2018-10-30 Majid Asadi , Somayeh Zarezadeh

Multiple correlation is a fundamental concept with broad applications. The classical multiple correlation coefficient is developed to assess how strongly a dependent variable is associated with a linear combination of independent variables.…

Methodology · Statistics 2025-04-23 Kai Yang , Yuhong Zhou , Wei Xu , Kirsten Beyer

Distance correlation is a novel class of multivariate dependence measure, taking positive values between 0 and 1, and applicable to random vectors of arbitrary dimensions, not necessarily equal. It offers several advantages over the…

Computation · Statistics 2024-05-06 Blanca E. Monroy-Castillo , M. A , Jácome , Ricardo Cao

Testing the independence between random vectors is a fundamental problem in statistics. Distance correlation, a recently popular dependence measure, is universally consistent for testing independence against all distributions with finite…

Methodology · Statistics 2024-08-22 Yuwei Ke , Hok Kan Ling , Yanglei Song

For independent random variables $(X_i)_{1\leq i\leq n}$, we consider the maximal correlation coefficient $R=R(\min_{i:1\leq i\leq m}X_i,\min_{j:\ell+1\leq j\leq n}X_j)$. If $X_1,X_2,\ldots,X_n$ are identically distributed with the same…

Probability · Mathematics 2026-03-27 Yinshan Chang , Qinwei Chen

Measuring strength or degree of statistical dependence between two random variables is a common problem in many domains. Pearson's correlation coefficient $\rho$ is an accurate measure of linear dependence. We show that $\rho$ is a…

Statistics Theory · Mathematics 2018-04-24 Priyantha Wijayatunga

In this paper, the defining properties of a valid measure of the dependence between two random variables are reviewed and complemented with two original ones, shown to be more fundamental than other usual postulates. While other popular…

Methodology · Statistics 2019-12-03 Gery Geenens , Pierre Lafaye de Micheaux

In this paper, the maximal nonlinear conditional correlation of two random vectors $X$ and $Y$ given another random vector $Z$, denoted by $\rho_1(X,Y|Z)$, is defined as a measure of conditional association, which satisfies certain…

Statistics Theory · Mathematics 2010-10-20 Tzee-Ming Huang

Maximal correlation is a measure of correlation for bipartite distributions. This measure has two intriguing features: (1) it is monotone under local stochastic maps; (2) it gives the same number when computed on i.i.d. copies of a pair of…

Quantum Physics · Physics 2017-01-12 Salman Beigi
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