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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

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

The maximal correlation coefficient is a well-established generalization of the Pearson correlation coefficient for measuring non-linear dependence between random variables. It is appealing from a theoretical standpoint, satisfying…

Information Theory · Computer Science 2019-06-04 Elad Domanovitz , Uri Erez

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

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

The partial correlation coefficient is a commonly used measure to assess the conditional dependence between two random variables. We provide a thorough explanation of the partial copula, which is a natural generalization of the partial…

Methodology · Statistics 2017-06-13 Fabian Spanhel , Malte S. Kurz

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

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

Multivariate correlation analysis plays an important role in various fields such as statistics, economics, and big data analytics. In this paper, we propose a pair of measures, the unsigned correlation coefficient (UCC) and the unsigned…

Statistics Theory · Mathematics 2020-01-28 Jianji Wang , Nanning Zheng

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

Pearson's correlation coefficient is a popular statistical measure to summarize the strength of association between two continuous variables. It is usually interpreted via its square as percentage of variance of one variable predicted by…

Methodology · Statistics 2024-05-09 Romain Piaget-Rossel , Valentin Rousson

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

The Pearson-Matthews correlation coefficient (usually abbreviated MCC) is considered to be one of the most useful metrics for the performance of a binary classification or hypothesis testing method (for the sake of conciseness we will use…

Signal Processing · Electrical Eng. & Systems 2023-05-11 Petre Stoica , Prabhu Babu

Distance correlation is a recent extension of Pearson's correlation, that characterises general statistical independence between Euclidean-space-valued random variables, not only linear relations. This review delves into how and when…

Statistics Theory · Mathematics 2020-09-30 Fernando Castro-Prado , Wenceslao González-Manteiga

This paper introduces a causation coefficient which is defined in terms of probabilistic causal models. This coefficient is suggested as the natural causal analogue of the Pearson correlation coefficient and permits comparing causation and…

Methodology · Statistics 2017-08-18 Joshua Brulé

This article presents several alternatives to Pearson's correlation coefficient and many examples. In the samples where the rank in a discrete variable counts more than the variable values, the mixtures that we propose of Pearson's and…

General Mathematics · Mathematics 2008-09-18 Florentin Smarandache

In statistics, the Pearson correlation coefficient $r_{x,y}$ determines the degree of linear correlation between two variables and it is known that $-1 \le r_{x,y} \le 1$. In the theory of networks, a curious expression proposed in [PRL…

Disordered Systems and Neural Networks · Physics 2018-03-22 Zafar Ahmed , Sachin Kumar

We provide an interpretation of entanglement based on classical correlations between measurement outcomes of complementary properties: states that have correlations beyond a certain threshold are entangled. The reverse is not true, however.…

Quantum Physics · Physics 2015-05-26 Lorenzo Maccone , Dagmar Bruss , Chiara Macchiavello

In the present paper, we discuss the Pearson, Spearman, Kendall correlation coefficients and their statistical analogues. We propose a new correlation coefficient r and its statistical analogue. The coefficient r is based on Kendal's and…

Statistics Theory · Mathematics 2024-05-28 Alexei Stepanov

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
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