What is Pearson correlation test, Pearson product moment correlation or Pearson r? Pearson’s correlation helps us understand the relationship between two quantitative variables when the relationship ...

Testing the independence or block independence of high-dimensional random vectors is important in multivariate statistical analysis. Recent works on high-dimensional block-independence tests aim to ...

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Correlation coefficients range from -1 to +1, indicating the strength of relationships between variables. Investors use correlation coefficients for portfolio diversification to reduce risk.