Pearson’s #correlation coefficient is the #test that measures the #statistical relationship between two continuous #variables. It is known as the best method of measuring the #association between variables because it is based on the #covariance #method. The PCC gives #information about the #magnitude of the correlation as well as the direction of the #relationship.

If the #coefficient value lies between ±0.50 & ±1, then it is said to be a #strong correlation.

If the #value lies between ±0.30 & ±0.49, then it is said to be a #medium correlation.

If the value #lies below +0.29, then it is said to be a #small correlation.

www.statisticssolutions.com/free-resources/directory-of-statistical-analyses/pearsons-correlation-coefficient

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