Correlation refers to the statistical relationship between two or more variables. It is a measure of the degree to which two or more variables are related or associated with each other. A positive correlation indicates that the two variables move in the same direction, while a negative correlation indicates that the two variables move in opposite directions. A correlation coefficient is a statistical measure used to quantify the degree of correlation between two variables. The value of the correlation coefficient ranges from -1 to +1, with values close to -1 indicating a strong negative correlation, values close to +1 indicating a strong positive correlation and a zero indicating no correlation. Correlation analysis is commonly used in research and data analysis to explore the relationships between different variables.
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