Correlation Coefficient | Karl Pearson's correlation coefficient| with real life example

📊 Correlation Coefficient (r) Explained | How to Calculate with Example + Exercise

In this video, we break down the correlation coefficient (r)—a statistical measure that shows the strength and direction of a linear relationship between two variables. You'll learn:

✅ What the correlation coefficient means
✅ How to interpret the value of r
✅ Step-by-step calculation of r using a real example
✅ One exercise question for you to solve and test your understanding

📘 What You'll Learn:

Meaning of the correlation coefficient

How values of r range from –1 to +1

Interpretation:
• r = +1 → perfect positive correlation
• r = –1 → perfect negative correlation
• r = 0 → no linear correlation

Previous video what is correlation:    • What is Correlation | for beginners with r...  
💡 Best For:
• Students learning statistics
• Data analysis beginners
• Anyone interested in understanding relationships between variables

📈 Keywords:
correlation coefficient, Pearson correlation, how to calculate r, r value statistics, correlation formula, example of correlation, data analysis, statistics tutorial, linear relationship, correlation calculation, statistics exercise

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